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        |
                                                             |                  |---------------------|----------------------------|----------------------------| July '04 
                                                             |             2004 |                     |  2004          2005        |  2005                      |     to
 Item                                                        |    gross value<1>|  2002   2003   2004 |    Q3     Q4   Q1    Q2  r |  Apr.    May   June   July |  July '05 
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                                                             |                  |                     |                            |                            |
  Finished                                                   |       1,830.4    |    .3    3.5    5.2 |   4.6    6.1    4.9    2.4 |   -.4    1.0     .9     .2 |       4.5 
  Semifinished                                               |       1,631.9    |   3.8     .2    5.2 |    .7    7.0    3.5    3.2 |    .0     .0    1.4     .3 |       4.7 
  Primary                                                    |         948.6    |   3.4     .1    1.6 |   2.2    3.6    -.7   -5.7 |  -1.8    -.2     .5    -.4 |      -1.0 
  Crude                                                      |         400.2    |   -.6   -1.3    2.3 |   2.4     .3    2.1   -3.7 |   -.8    -.5     .2   -1.1 |      -2.5 
                                                             |                  |                     |                            |                            |
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 r  Revised.  p  Preliminary.
      <1>  Billions of 2000 dollars.