Manufacturing Economy Monitor

Manufacturing Signals: Where Growth Is Speeding Up or Slowing Down

Petroleum and Coal Products is accelerating fastest among U.S. manufacturing industries, with output growth improving to +4.2% year over year from -23.5% a year earlier. Apparel and Leather Products is decelerating most, slowing to -4% from +5%. Computer and Electronic Products has the longest growth streak at 8 straight periods. Acceleration compares the latest year-over-year growth with the year before it, from U.S. Bureau of Economic Analysis data.

Accelerating industries

  • Petroleum and Coal Products: +27.7 pts (now +4.2% vs -23.5% a year earlier).
  • Primary Metals: +18.8 pts (now +13.7% vs -5.1% a year earlier).
  • Plastics and Rubber Products: +16.5 pts (now +9% vs -7.5% a year earlier).
  • Food, Beverage, and Tobacco Products: +9.3 pts (now +5.4% vs -3.9% a year earlier).
  • Computer and Electronic Products: +8.5 pts (now +11.2% vs +2.7% a year earlier).
  • Chemical Products: +8.4 pts (now +9.6% vs +1.2% a year earlier).

Decelerating industries

  • Apparel and Leather Products: -9 pts (now -4% vs +5% a year earlier).
  • Motor Vehicles and Parts: -3.6 pts (now -1.2% vs +2.4% a year earlier).
  • Printing and Related Support: -2.4 pts (now -0.2% vs +2.2% a year earlier).
  • Electrical Equipment and Appliances: -0.7 pts (now +2% vs +2.7% a year earlier).

Longest growth streaks

  • Computer and Electronic Products: 8 straight periods of growth.
  • Chemical Products: 8 straight periods of growth.
  • Miscellaneous Manufacturing: 8 straight periods of growth.
  • Electrical Equipment and Appliances: 8 straight periods of growth.
  • Textile Mills and Textile Products: 6 straight periods of growth.
  • Other Transportation Equipment: 5 straight periods of growth.

Accelerating states

  • Alaska: +10.4 pts (now +1.5% vs -8.9% a year earlier).
  • District of Columbia: +8.9 pts (now +0.5% vs -8.4% a year earlier).
  • Hawaii: +7.7 pts (now +11.3% vs +3.6% a year earlier).
  • New Hampshire: +4.2 pts (now +0.8% vs -3.4% a year earlier).
  • Wyoming: +3.9 pts (now +0.8% vs -3.1% a year earlier).
  • Indiana: +2 pts (now +4.1% vs +2.1% a year earlier).

Frequently asked questions

  • Which manufacturing industries are accelerating? Growth is speeding up fastest in petroleum and coal products (to +4.2% from -23.5%), primary metals (to +13.7% from -5.1%), plastics and rubber products (to +9% from -7.5%). Acceleration is the change between the latest year-over-year growth rate and the one a year earlier.
  • Which manufacturing industries are slowing down? Growth is decelerating most in apparel and leather products (to -4% from +5%), motor vehicles and parts (to -1.2% from +2.4%), printing and related support (to -0.2% from +2.2%). A negative reading means the industry is still moving but at a slower pace than a year ago.
  • Which manufacturing industry has the longest growth streak? Computer and Electronic Products has the longest unbroken run, with output above its year-earlier level for 8 straight quarters. Streaks count consecutive periods of positive year-over-year growth.

About this data

  • Source: U.S. Bureau of Economic Analysis (public domain). National quarterly values are seasonally adjusted annual rates. Corporate-profit industry detail reflects inventory valuation adjustment without capital consumption adjustment, per NIPA table 6.16D conventions.

Last reviewed 2026-05-12.