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Release Date: June 15, 2026
Table 10 Gross-Value-Weighted Industrial Production: Stage-of-Process Groups
Percent change, seasonally adjusted
Item 2025
gross value[1]
Fourth quarter to
fourth quarter
Annual rate Monthly rate May '25
to
May '26
      2025 2026
Q1[r]
2025
Dec.[r]
2026
2023 2024 2025 Q3 Q4[r] Jan.[r] Feb.[r] Mar.[r] Apr.[r] May[p]
           
Finished 2,464.4 -.2 -3.0 1.8 3.2 -6.3 1.4 .5 -.4 1.1 -.4 1.4 .1 .8
Semifinished 1,986.3 -.7 .6 1.6 -1.2 .2 3.2 .5 .0 .8 -.1 .6 -.1 1.3
Primary 1,451.7 .2 .1 1.2 3.8 1.5 .1 1.9 -1.4 .3 -.2 2.0 -.3 3.6
Crude 735.3 2.7 .6 -1.1 4.8 -7.9 3.1 -.7 .7 1.1 -.6 -.4 .6 .4
           
[r] Revised. [p] Preliminary.
[1] Billions of 2017 dollars.
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Last Update: June 15, 2026