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. '06 
                                                             |             2006 |                     |  2006                      |  2006                 2007 |     to
 Item                                                        |    gross value<1>|  2004   2005   2006 |    Q1     Q2   Q3    Q4  r |  Oct.   Nov.   Dec.   Jan. |  Jan. '07 
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                                                             |                  |                     |                            |                            |
  Finished                                                   |        1980.1    |   2.4    5.6    3.3 |   3.1    6.1    2.3    1.8 |   -.7    1.0    1.2   -2.0 |       1.7 
  Semifinished                                               |        1756.3    |   2.4    6.2    2.8 |   1.2    5.9    5.7   -1.4 |    .3    -.3     .5    -.5 |       2.8 
  Primary                                                    |         995.0    |   4.5    -.8    1.1 |   5.8    4.4    5.0   -9.9 |  -1.4   -1.6     .3    1.6 |       1.2 
  Crude                                                      |         419.8    |   5.2   -8.3    7.0 |  24.9    6.5    2.5   -3.9 |  -1.0    -.6     .8    -.9 |        .5 
                                                             |                  |                     |                            |                            |
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 r  Revised.  p  Preliminary.
      <1>  Billions of 2000 dollars.