Table 10
 Gross-Value-Weighted Industrial Production:  Stage-of-Process Groups
 Percent change, seasonally adjusted
 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                             |                  |      Fourth quarter to       |                              |                                                            |
                                                             |                  |        fourth quarter        |         Annual rate          |                        Monthly rate                        |
                                                             |                  |------------------------------|------------------------------|------------------------------------------------------------| July '07 
                                                             |             2007 |                              |     2007      2008           |     2008                                                   |     to
 Item                                                        |    gross value<1>|     2005      2006      2007 |       Q4     Q1[r]     Q2[r] |  Feb.[r]   Mar.[r]   Apr.[r]    May[r]   June[r]   July[p] |  July '08 
 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                             |                  |                              |                              |                                                            |
  Finished                                                   |        1996.8    |      5.3       2.3       1.4 |     -1.9      -1.5      -6.7 |      -.4       -.2      -1.9        .2        .8        .8 |      -1.6 
  Semifinished                                               |        1719.2    |      4.8      -1.6       2.4 |     -1.1      -1.7      -3.5 |      -.2       -.7       -.3       -.6        .9       -.1 |      -1.2 
  Primary                                                    |         985.6    |      -.7       -.6       2.0 |      -.5       4.2      -3.4 |      -.8       -.7        .3       -.8        .0        .5 |        .8 
  Crude                                                      |         426.2    |     -7.9       7.6       2.3 |      4.8        .4       -.3 |      -.1        .2       -.6        .9       -.5        .7 |       1.9 
                                                             |                  |                              |                              |                                                            |
 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
 [r]  Revised.  [p]  Preliminary.
      <1>  Billions of 2000 dollars.