Industrial Production and Capacity Utilization - G.17
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Release Date: January 16, 2026
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 | Dec. '24 to Dec. '25 |
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2025 | |||||||||||||
| 2023 | 2024 | 2025 | Q2 | Q3[r] | Q4[p] | July[r] | Aug.[r] | Sept.[r] | Oct.[r] | Nov.[r] | Dec.[p] | |||
| Finished | 2,448.1 | -.2 | -3.0 | 2.8 | 5.3 | 3.1 | -2.6 | .7 | -.2 | .4 | -1.3 | .4 | .5 | 2.9 |
| Semifinished | 1,952.6 | -.7 | .6 | 1.9 | 1.0 | -1.0 | 1.1 | .0 | -.3 | -.2 | .4 | .3 | -.1 | 1.3 |
| Primary | 1,442.1 | .2 | .1 | 1.7 | .3 | 3.5 | 3.9 | .0 | -.8 | 1.0 | -.4 | .6 | 1.8 | 2.2 |
| Crude | 730.4 | 2.7 | .6 | .1 | 2.8 | 5.2 | -3.8 | .6 | .8 | -.7 | -1.1 | .7 | -.4 | -.9 |
[1] Billions of 2017 dollars.
Last Update: January 16, 2026