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. '07 
                                                             |             2007 |                     |  2007                      |  2007                 2008 |     to
 Item                                                        |    gross value<1>|  2005   2006   2007 |    Q1     Q2   Q3    Q4  r |  Oct.   Nov.   Dec.   Jan. |  Jan. '08 
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                                                             |                  |                     |                            |                            |
  Finished                                                   |        2019.7    |   5.6    3.4    1.1 |  -1.2    4.6    3.2   -2.2 |   -.4     .4     .3     .0 |       2.1 
  Semifinished                                               |        1785.8    |   6.2    2.5    1.6 |    .2    3.7    4.5   -1.9 |   -.5    -.4    -.1     .4 |       2.3 
  Primary                                                    |         998.7    |   -.8     .1    1.9 |   7.2     .6    4.6   -4.5 |  -1.5     .8     .4     .6 |       2.0 
  Crude                                                      |         426.5    |  -8.3    7.1    2.5 |    .9    4.3    2.6    2.0 |  -1.0    1.7    -.3    -.6 |       3.1 
                                                             |                  |                     |                            |                            |
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 r  Revised.  p  Preliminary.
      <1>  Billions of 2000 dollars.