Federal Reserve Economic Data

Table Data - Capacity Utilization: Manufacturing: Nondurable Goods: Leather and Allied Product (NAICS = 316)

Title Capacity Utilization: Manufacturing: Nondurable Goods: Leather and Allied Product (NAICS = 316)
Series ID CAPUTLG316A
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 11:09 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 90.2843
1968-01-01 93.2769
1969-01-01 85.0494
1970-01-01 80.5703
1971-01-01 78.2306
1972-01-01 82.0997
1973-01-01 78.9926
1974-01-01 77.8537
1975-01-01 77.6044
1976-01-01 83.3260
1977-01-01 83.8045
1978-01-01 82.6453
1979-01-01 75.3899
1980-01-01 79.8242
1981-01-01 79.8291
1982-01-01 73.4716
1983-01-01 78.3702
1984-01-01 74.6066
1985-01-01 71.7333
1986-01-01 68.8923
1987-01-01 75.5693
1988-01-01 77.3103
1989-01-01 78.9727
1990-01-01 77.9606
1991-01-01 74.9107
1992-01-01 82.0691
1993-01-01 81.2178
1994-01-01 77.2954
1995-01-01 73.6034
1996-01-01 75.0402
1997-01-01 79.2651
1998-01-01 74.1766
1999-01-01 69.4721
2000-01-01 70.5181
2001-01-01 62.9138
2002-01-01 51.0465
2003-01-01 55.1279
2004-01-01 61.9088
2005-01-01 71.2802
2006-01-01 75.0181
2007-01-01 65.5016
2008-01-01 59.3715
2009-01-01 47.3745
2010-01-01 58.2738
2011-01-01 68.0554
2012-01-01 58.1573
2013-01-01 55.6287
2014-01-01 56.9507
2015-01-01 56.3120
2016-01-01 55.8344
2017-01-01 59.5288
2018-01-01 63.1992
2019-01-01 67.9606
2020-01-01 65.7115
2021-01-01 78.7137
2022-01-01 81.6336
2023-01-01 77.0375

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