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Release Date: October 16, 2026
Table 10 Gross-Value-Weighted Industrial Production: Stage-of-Process Groups
Percent change, seasonally adjusted
Item 2025
gross value[1]
Fourth quarter to
fourth quarter
Annual rate Monthly rate Sept. '25
to
Sept. '26
      2026 2026
2023 2024 2025 Q1 Q2[r] Q3[p] Apr.[r] May[r] June[r] July[r] Aug.[r] Sept.[p]
           
Finished 2,464.4 -.2 -3.0 1.8 2.5 8.8 -.3 1.5 .3 .3 .0 -.5 -.2 .6
Semifinished 1,986.3 -.7 .6 1.6 2.7 4.8 4.7 .8 .2 .2 .5 .2 .9 4.1
Primary 1,451.7 .2 .1 1.2 .6 1.3 4.4 .0 -.5 .9 .0 .3 1.4 2.5
Crude 735.3 2.7 .6 -1.1 1.3 2.4 -.1 .3 .6 -.4 -.5 .6 .2 -.4
           
[r] Revised. [p] Preliminary.
[1] Billions of 2017 dollars.
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Last Update: October 16, 2026