Manufacturing Economy Monitor

Wood Products Manufacturing in Minnesota

Wood Products manufacturing added $2.1B of value to Minnesota's economy in 2024, down 0.3% year over year. That ranks Minnesota 11th of 51 states and DC for this industry. It is 3.5% of Minnesota's manufacturing output. Nationally, wood products is a $58.6B industry (the 15th-largest of the 19 manufacturing subsectors), per the U.S. Bureau of Economic Analysis.

Output and rank

  • Value added: $2.1B in 2024, #11 of 51 states and DC for this industry.
  • Growth: -0.3% year over year.
  • Share of Minnesota's manufacturing: 3.5% of the state's total manufacturing value added.
  • National context: wood products is a $58.6B industry nationally, #15 of the 19 manufacturing subsectors (-2.7% year over year).
  • Classification: durable goods manufacturing (BEA subsector 321).

Frequently asked questions

  • How big is the wood products industry in Minnesota? Wood Products added $2.1B of value in Minnesota in 2024, ranking the state 11th of 51 for this industry, per BEA state GDP-by-industry data.
  • Is wood products growing in Minnesota? Minnesota's wood products output shrank 0.3% year over year to 2024. The chart above traces the full annual series since 1997.
  • What share of Minnesota's manufacturing is wood products? Wood Products is 3.5% of Minnesota'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.