Manufacturing Economy Monitor
Petroleum and Coal Products Manufacturing in Michigan
Petroleum and Coal Products manufacturing added $2.6B of value to Michigan's economy in 2024, down 1.7% year over year. That ranks Michigan 14th of 51 states and DC for this industry. It is 2.3% of Michigan's manufacturing output. Nationally, petroleum and coal products is a $161B industry (the 8th-largest of the 19 manufacturing subsectors), per the U.S. Bureau of Economic Analysis.
Output and rank
- Value added: $2.6B in 2024, #14 of 51 states and DC for this industry.
- Growth: -1.7% year over year.
- Share of Michigan's manufacturing: 2.3% of the state's total manufacturing value added.
- National context: petroleum and coal products is a $161B industry nationally, #8 of the 19 manufacturing subsectors (-17.7% year over year).
- Classification: nondurable goods manufacturing (BEA subsector 324).
Frequently asked questions
- How big is the petroleum and coal products industry in Michigan? Petroleum and Coal Products added $2.6B of value in Michigan in 2024, ranking the state 14th of 51 for this industry, per BEA state GDP-by-industry data.
- Is petroleum and coal products growing in Michigan? Michigan's petroleum and coal products output shrank 1.7% year over year to 2024. The chart above traces the full annual series since 1997.
- What share of Michigan's manufacturing is petroleum and coal products? Petroleum and Coal Products is 2.3% of Michigan'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.