Manufacturing Economy Monitor

Petroleum and Coal Products Manufacturing in Indiana

Petroleum and Coal Products manufacturing added $5.6B of value to Indiana's economy in 2025, down 17.0% year over year. That ranks Indiana 6th of 50 states and DC for this industry. It is 4.3% of Indiana's manufacturing output. Nationally, petroleum and coal products is a $148B industry (the 8th-largest of the 19 manufacturing subsectors), per the U.S. Bureau of Economic Analysis.

Output and rank

  • Value added: $5.6B in 2025, #6 of 50 states and DC for this industry.
  • Growth: -17% year over year.
  • Share of Indiana's manufacturing: 4.3% of the state's total manufacturing value added.
  • National context: petroleum and coal products is a $148B industry nationally, #8 of the 19 manufacturing subsectors (-15.3% year over year).
  • Classification: nondurable goods manufacturing (BEA subsector 324).

Frequently asked questions

  • How big is the petroleum and coal products industry in Indiana? Petroleum and Coal Products added $5.6B of value in Indiana in 2025, ranking the state 6th of 50 states and DC for this industry, per BEA state GDP-by-industry data.
  • Is petroleum and coal products growing in Indiana? Indiana's petroleum and coal products output shrank 17.0% year over year to 2025. The chart above traces the full annual series since 1997.
  • What share of Indiana's manufacturing is petroleum and coal products? Petroleum and Coal Products is 4.3% of Indiana's total manufacturing value added in 2025, 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 2026-10-01.