Manufacturing Economy Monitor
Other Transportation Equipment Manufacturing in New Mexico
Other Transportation Equipment manufacturing added $182M of value to New Mexico's economy in 2024, down 13.5% year over year. That ranks New Mexico 42th of 51 states and DC for this industry. It is 3.8% of New Mexico's manufacturing output. Nationally, other transportation equipment is a $210B industry (the 4th-largest of the 19 manufacturing subsectors), per the U.S. Bureau of Economic Analysis.
Output and rank
- Value added: $182M in 2024, #42 of 51 states and DC for this industry.
- Growth: -13.5% year over year.
- Share of New Mexico's manufacturing: 3.8% of the state's total manufacturing value added.
- National context: other transportation equipment is a $210B industry nationally, #4 of the 19 manufacturing subsectors (+6.6% year over year).
- Classification: durable goods manufacturing (BEA subsector 3364OT).
Frequently asked questions
- How big is the other transportation equipment industry in New Mexico? Other Transportation Equipment added $182M of value in New Mexico in 2024, ranking the state 42th of 51 for this industry, per BEA state GDP-by-industry data.
- Is other transportation equipment growing in New Mexico? New Mexico's other transportation equipment output shrank 13.5% year over year to 2024. The chart above traces the full annual series since 1997.
- What share of New Mexico's manufacturing is other transportation equipment? Other Transportation Equipment is 3.8% of New Mexico'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.