Manufacturing Economy Monitor

Machinery Manufacturing in Indiana

Machinery manufacturing added $9.1B of value to Indiana's economy in 2024, up 12.6% year over year. That ranks Indiana 8th of 51 states and DC for this industry. It is 7.3% of Indiana's manufacturing output. Nationally, machinery is a $205B industry (the 5th-largest of the 19 manufacturing subsectors), per the U.S. Bureau of Economic Analysis.

Output and rank

  • Value added: $9.1B in 2024, #8 of 51 states and DC for this industry.
  • Growth: +12.6% year over year.
  • Share of Indiana's manufacturing: 7.3% of the state's total manufacturing value added.
  • National context: machinery is a $205B industry nationally, #5 of the 19 manufacturing subsectors (-1.7% year over year).
  • Classification: durable goods manufacturing (BEA subsector 333).

Frequently asked questions

  • How big is the machinery industry in Indiana? Machinery added $9.1B of value in Indiana in 2024, ranking the state 8th of 51 for this industry, per BEA state GDP-by-industry data.
  • Is machinery growing in Indiana? Indiana's machinery output grew 12.6% year over year to 2024. The chart above traces the full annual series since 1997.
  • What share of Indiana's manufacturing is machinery? Machinery is 7.3% of Indiana's total manufacturing value added in 2024, per BEA state GDP-by-industry data.

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.