Industrial Production and Capacity Utilization - G.17
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Release Date: February 18, 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 | 2025 gross value[1] |
Fourth quarter to fourth quarter |
Annual rate | Monthly rate | Jan. '25 to Jan. '26 |
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2025 | 2026 Jan.[p] |
||||||||||||
| 2023 | 2024 | 2025 | Q2 | Q3[r] | Q4[r] | Aug.[r] | Sept.[r] | Oct.[r] | Nov.[r] | Dec.[r] | ||||
| Finished | 2,465.7 | -.2 | -3.0 | 2.4 | 5.3 | 3.2 | -4.0 | .0 | .1 | -1.5 | .2 | .8 | .5 | 4.0 |
| Semifinished | 1,984.3 | -.7 | .6 | 1.4 | 1.0 | -1.3 | -.4 | -.4 | -.4 | .3 | .1 | -.3 | .9 | 1.1 |
| Primary | 1,450.1 | .2 | .1 | .9 | .3 | 3.8 | .2 | -.7 | 1.0 | -.8 | -.4 | 2.1 | 1.0 | 2.5 |
| Crude | 737.2 | 2.7 | .6 | -.2 | 2.8 | 5.5 | -5.2 | .8 | -.6 | -1.1 | .5 | -1.1 | .3 | .8 |
[1] Billions of 2017 dollars.
Last Update: February 18, 2026