Manufacturing Economy Monitor
Manufacturing in New Mexico
Manufacturing contributed $4.7B to New Mexico's economy in 2025 (3.1% of the state's GDP), ranking New Mexico #45 of 51 states and DC by manufacturing output, per the Bureau of Economic Analysis. Output fell 0.7% year over year (+0.2% after inflation). The state's largest manufacturing industry is computer and electronic products ($1.1B in 2024).
Output and rank
- Manufacturing GDP: $4.7B in 2025, #45 of 51 states and DC.
- Share of the state economy: 3.1% of New Mexico's GDP.
- Growth: -0.7% year over year (+0.2% after inflation).
- Composition: $2.4B durable goods, $2.3B nondurable goods.
Largest manufacturing industries in New Mexico
- Computer and Electronic Products: $1.1B (2024)
- Food, Beverage, and Tobacco Products: $1.1B (2024)
- Chemical Products: $492M (2024)
Frequently asked questions
- How big is manufacturing in New Mexico? Manufacturing contributed $4.7B to New Mexico's economy in 2025, ranking #45 of 51 states and DC, per BEA state GDP data.
- What share of New Mexico's economy is manufacturing? Manufacturing is 3.1% of New Mexico's GDP in 2025. Nationally, manufacturing averages 9.4% of GDP, so New Mexico is less manufacturing-intensive than the national average.
- What is the largest manufacturing industry in New Mexico? Computer and Electronic Products leads at $1.1B (2024), followed by food, beverage, and tobacco products ($1.1B) and chemical products ($492M), per BEA state GDP by industry.
- Is manufacturing in New Mexico growing? New Mexico's manufacturing GDP is down 0.7% year over year in dollar terms and up 0.2% after inflation, per the latest BEA annual data (2025).
- Does New Mexico make more durable or nondurable goods? Durable goods lead in New Mexico: $2.4B versus $2.3B of value added in 2025.
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.