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                        |
                                                             |                  |------------------------------|------------------------------|------------------------------------------------------------|  May '07 
                                                             |             2007 |                              |     2007                2008 |     2007      2008                                         |     to
 Item                                                        |    gross value<1>|     2005      2006      2007 |       Q3     Q4[r]     Q1[r] |  Dec.[r]   Jan.[r]   Feb.[r]   Mar.[r]   Apr.[r]    May[p] |   May '08 
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                                                             |                  |                              |                              |                                                            |
  Finished                                                   |        1996.8    |      5.3       2.3       1.4 |      4.7      -1.9      -1.3 |       .4       -.3       -.5        .0      -2.0        .1 |      -1.4 
  Semifinished                                               |        1719.2    |      4.8      -1.6       2.4 |      3.6      -1.1      -3.7 |      -.7        .4      -1.3        .3       -.4       -.5 |      -1.5 
  Primary                                                    |         985.6    |      -.7       -.6       2.0 |      3.4       -.5       3.8 |       .3       1.3       -.9       -.4       -.1       -.5 |        .2 
  Crude                                                      |         426.2    |     -7.9       7.6       2.3 |      1.5       4.8        .4 |       .5       -.7       -.2        .2       -.7        .3 |       1.3 
                                                             |                  |                              |                              |                                                            |
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 [r]  Revised.  [p]  Preliminary.
      <1>  Billions of 2000 dollars.