Federal Reserve Economic Data

Table Data - Capacity Utilization: Stage-of-Process: Crude Processing

Title Capacity Utilization: Stage-of-Process: Crude Processing
Series ID CAPUTLB5610CA
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 1967-01-01 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
1967-01-01 81.1285
1968-01-01 83.3067
1969-01-01 85.3032
1970-01-01 84.5928
1971-01-01 83.5616
1972-01-01 88.3614
1973-01-01 90.0150
1974-01-01 90.9350
1975-01-01 83.8835
1976-01-01 87.0143
1977-01-01 89.0803
1978-01-01 88.6278
1979-01-01 89.8951
1980-01-01 89.3309
1981-01-01 89.2844
1982-01-01 82.3031
1983-01-01 79.9262
1984-01-01 85.9068
1985-01-01 84.0369
1986-01-01 78.4866
1987-01-01 82.9505
1988-01-01 86.4445
1989-01-01 86.8566
1990-01-01 88.0192
1991-01-01 85.6872
1992-01-01 85.9813
1993-01-01 85.9047
1994-01-01 87.9592
1995-01-01 89.0662
1996-01-01 89.0831
1997-01-01 90.4227
1998-01-01 86.9797
1999-01-01 86.1058
2000-01-01 88.5684
2001-01-01 85.4587
2002-01-01 83.1888
2003-01-01 85.0394
2004-01-01 86.6429
2005-01-01 86.7620
2006-01-01 88.2214
2007-01-01 88.7862
2008-01-01 87.7470
2009-01-01 78.4925
2010-01-01 83.6955
2011-01-01 85.2454
2012-01-01 86.1365
2013-01-01 86.0566
2014-01-01 87.7385
2015-01-01 79.5971
2016-01-01 74.0336
2017-01-01 78.4172
2018-01-01 85.8809
2019-01-01 85.3554
2020-01-01 73.1468
2021-01-01 82.0903
2022-01-01 87.9072
2023-01-01 87.7412

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