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. '02 
                                                             |        2002 |                     |  2002                      |  2002                 2003 |     to
 Item                                                        |        gross|  2000   2001   2002 |    Q1     Q2   Q3    Q4  r |  Oct.   Nov.   Dec.   Jan. |  Jan. '03 
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                                                             |             |                     |                            |                            |
  Finished                                                   |   1771.7    |   1.8   -5.2     .4 |   2.2    1.8    2.8   -5.2 |  -1.1     .9   -1.5    1.2 |        .4 
  Semi-finished                                              |   1772.3    |   3.8   -5.7    3.4 |   2.1    7.6    6.1   -1.9 |   -.6     .1    -.6    1.0 |       4.0 
  Primary                                                    |    867.6    |  -1.3   -6.0    3.9 |   7.0    7.4    1.4    -.1 |   -.5    1.2     .4     .4 |       4.2 
  Crude                                                      |    355.2    |  -4.5   -4.3    -.3 |  -2.3    5.1    2.3   -6.0 |  -1.2     .1     .4    -.8 |       -.3 
                                                             |             |                     |                            |                            |
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 r  Revised.  p  Preliminary.
      <1>  Billions of 1996 dollars.