Federal Reserve Economic Data

Table Data - Capacity Utilization: Manufacturing (SIC)

Title Capacity Utilization: Manufacturing (SIC)
Series ID CAPUTLB00004A
Source Board of Governors of the Federal Reserve System (US)
Release G.17 Industrial Production and Capacity Utilization
Seasonal Adjustment Seasonally Adjusted
Frequency Annual
Units Percent
Date Range 1948-01-01 to 2023-01-01
Last Updated 2024-06-28 11:13 AM CDT
Notes

The Federal Reserve Board constructs estimates of capacity and capacity utilization for industries in manufacturing, mining, and electric and gas utilities. For a given industry, the capacity utilization rate is equal to an output index (seasonally adjusted) divided by a capacity index. The Federal Reserve Board's capacity indexes attempt to capture the concept of sustainable maximum output -- the greatest level of output a plant can maintain within the framework of a realistic work schedule, after factoring in normal downtime and assuming sufficient availability of inputs to operate the capital in place.

The Federal Reserve's monthly index of industrial production and the related capacity indexes and capacity utilization rates cover manufacturing, mining, and electric and gas utilities. The industrial sector, together with construction, accounts for the bulk of the variation in national output over the course of the business cycle. The industrial detail provided by these measures helps illuminate structural developments in the economy. The industrial production (IP) index measures the real output of all relevant establishments located in the United States, regardless of their ownership, but not those located in U.S. territories. For more information, see the explanatory notes issued by the Board of Governors. For recent updates, see the announcements issued by the Board of Governors.

DATE VALUE
1948-01-01 82.5240
1949-01-01 74.1679
1950-01-01 82.8136
1951-01-01 85.8318
1952-01-01 85.3520
1953-01-01 89.2534
1954-01-01 80.1054
1955-01-01 86.9761
1956-01-01 86.1385
1957-01-01 83.6143
1958-01-01 75.0196
1959-01-01 81.6264
1960-01-01 80.1352
1961-01-01 77.3095
1962-01-01 81.4291
1963-01-01 83.4647
1964-01-01 85.6473
1965-01-01 89.5376
1966-01-01 91.1302
1967-01-01 87.1552
1968-01-01 87.0943
1969-01-01 86.6544
1970-01-01 79.4581
1971-01-01 77.9546
1972-01-01 83.4275
1973-01-01 87.6851
1974-01-01 84.3401
1975-01-01 73.6095
1976-01-01 78.4138
1977-01-01 82.4515
1978-01-01 84.3903
1979-01-01 83.9118
1980-01-01 78.6238
1981-01-01 77.1503
1982-01-01 71.0115
1983-01-01 73.5155
1984-01-01 79.3537
1985-01-01 78.1751
1986-01-01 78.4102
1987-01-01 80.9314
1988-01-01 83.9777
1989-01-01 83.2013
1990-01-01 81.3877
1991-01-01 78.4609
1992-01-01 79.5635
1993-01-01 80.3251
1994-01-01 82.5385
1995-01-01 82.9686
1996-01-01 82.0097
1997-01-01 82.9043
1998-01-01 81.5155
1999-01-01 80.5571
2000-01-01 79.8229
2001-01-01 73.8669
2002-01-01 73.1047
2003-01-01 74.1475
2004-01-01 76.6487
2005-01-01 78.7094
2006-01-01 78.9008
2007-01-01 78.9576
2008-01-01 74.7258
2009-01-01 65.3164
2010-01-01 70.3994
2011-01-01 73.2987
2012-01-01 74.5090
2013-01-01 74.7054
2014-01-01 75.9504
2015-01-01 76.3544
2016-01-01 75.6621
2017-01-01 76.5663
2018-01-01 78.4374
2019-01-01 77.1618
2020-01-01 72.7009
2021-01-01 77.2330
2022-01-01 79.3970
2023-01-01 78.1839

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