Industrial Production and Capacity Utilization - G.17
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Release Date: December 3, 2025
Table 10 Gross-Value-Weighted Industrial Production: Stage-of-Process Groups
Percent change, seasonally adjusted
[r] Revised. [p] Preliminary.
[1] Billions of 2017 dollars.
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| Item | 2024 gross value[1] |
Fourth quarter to fourth quarter |
Annual rate | Monthly rate | Sept. '24 to Sept. '25 |
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2025 | |||||||||||||
| 2022 | 2023 | 2024 | Q1 | Q2[r] | Q3[p] | Apr.[r] | May[r] | June[r] | July[r] | Aug.[r] | Sept.[p] | |||
| Finished | 2,448.1 | 1.8 | -.2 | -3.0 | 5.6 | 5.2 | 1.3 | -.1 | .5 | -.2 | .3 | .0 | -.2 | 1.6 |
| Semifinished | 1,952.6 | -.3 | -.7 | .6 | 6.4 | 1.0 | -1.5 | .0 | .1 | .0 | -.2 | -.3 | .0 | 1.6 |
| Primary | 1,442.1 | -1.4 | .2 | .1 | -.8 | .4 | 3.4 | .7 | -.1 | 1.7 | -.1 | -.7 | 1.0 | 1.5 |
| Crude | 730.4 | -1.4 | 2.7 | .6 | -3.6 | 2.4 | 3.2 | .3 | -.2 | .5 | .4 | .4 | -.2 | 1.3 |
[1] Billions of 2017 dollars.
Last Update: December 3, 2025