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Release Date: July 17, 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 June '25
to
June '26
      2025
Q4
2026 2026
2023 2024 2025 Q1[r] Q2[p] Jan.[r] Feb.[r] Mar.[r] Apr.[r] May[r] June[p]
           
Finished 2,464.4 -.2 -3.0 1.8 -6.3 1.9 6.6 -.3 1.2 -.4 1.5 .0 .0 1.2
Semifinished 1,986.3 -.7 .6 1.6 .2 2.9 3.9 .0 .8 -.2 .7 .1 .3 1.6
Primary 1,451.7 .2 .1 1.2 1.5 .2 1.4 -1.3 .3 -.2 .3 -.1 .4 .8
Crude 735.3 2.7 .6 -1.1 -7.9 1.6 2.6 .0 1.4 -.5 .2 .6 -.4 -.3
           
[r] Revised. [p] Preliminary.
[1] Billions of 2017 dollars.
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Last Update: July 17, 2026