Table 10
 Gross-Value-Weighted Industrial Production:  Stage-of-Process Groups
 Percent change, seasonally adjusted
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                                                             |                  | Fourth quarter to   |                            |                            |
                                                             |                  |   fourth quarter    |        Annual rate         |        Monthly rate        |
                                                             |                  |---------------------|----------------------------|----------------------------| Jan. '05 
                                                             |             2005 |                     |  2005                      |  2005                 2006 |     to
 Item                                                        |    gross value<1>|  2003   2004   2005 |    Q1     Q2   Q3    Q4  r |  Oct.   Nov.   Dec.   Jan. |  Jan. '06 
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                                                             |                  |                     |                            |                            |
  Finished                                                   |       1,931.9    |   3.0    4.8    5.3 |   5.9    1.9    4.1    9.5 |   2.4    -.1     .2    1.0 |       5.6 
  Semifinished                                               |       1,748.4    |   1.6    5.0    6.6 |   4.2    3.5    8.3   10.6 |   1.4     .1     .7   -1.2 |       4.9 
  Primary                                                    |         945.1    |   -.2    2.8   -2.5 |  -1.0   -2.4   -4.5   -2.1 |  -1.5    3.4    1.0   -1.2 |      -1.9 
  Crude                                                      |         392.2    |  -1.6    3.7   -9.6 |    .3   -4.1  -20.9  -12.2 |    .8    5.1    2.9    1.8 |      -4.8 
                                                             |                  |                     |                            |                            |
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 r  Revised.  p  Preliminary.
      <1>  Billions of 2000 dollars.