Federal Reserve Economic Data

Table Data - Capacity Utilization: Manufacturing: Nondurable Goods: Paper (NAICS = 322)

Title Capacity Utilization: Manufacturing: Nondurable Goods: Paper (NAICS = 322)
Series ID CAPUTLG322A
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 11:10 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 87.3641
1949-01-01 80.4343
1950-01-01 91.7370
1951-01-01 93.0540
1952-01-01 86.1577
1953-01-01 91.1614
1954-01-01 87.3902
1955-01-01 94.4101
1956-01-01 96.6185
1957-01-01 90.1881
1958-01-01 85.7577
1959-01-01 91.3813
1960-01-01 88.3987
1961-01-01 88.5638
1962-01-01 90.2490
1963-01-01 91.7872
1964-01-01 92.9786
1965-01-01 94.2558
1966-01-01 95.1216
1967-01-01 89.6734
1968-01-01 89.3279
1969-01-01 91.0361
1970-01-01 86.1723
1971-01-01 86.8678
1972-01-01 91.3939
1973-01-01 94.8463
1974-01-01 95.0532
1975-01-01 80.7002
1976-01-01 87.7413
1977-01-01 90.2518
1978-01-01 92.3000
1979-01-01 90.8803
1980-01-01 88.2741
1981-01-01 86.6759
1982-01-01 83.5541
1983-01-01 88.5138
1984-01-01 90.7721
1985-01-01 87.3670
1986-01-01 89.7794
1987-01-01 90.1955
1988-01-01 91.3657
1989-01-01 90.4016
1990-01-01 89.3236
1991-01-01 87.6914
1992-01-01 88.5141
1993-01-01 89.0674
1994-01-01 90.7869
1995-01-01 89.5607
1996-01-01 85.4894
1997-01-01 87.4656
1998-01-01 87.3202
1999-01-01 86.6431
2000-01-01 84.4592
2001-01-01 80.1320
2002-01-01 82.1083
2003-01-01 81.9058
2004-01-01 83.3535
2005-01-01 83.8232
2006-01-01 83.6291
2007-01-01 83.7345
2008-01-01 81.9875
2009-01-01 76.9599
2010-01-01 81.3905
2011-01-01 81.1764
2012-01-01 83.1838
2013-01-01 83.2045
2014-01-01 83.7290
2015-01-01 85.0459
2016-01-01 86.1316
2017-01-01 86.2168
2018-01-01 86.6228
2019-01-01 86.5829
2020-01-01 84.6286
2021-01-01 88.0703
2022-01-01 87.4234
2023-01-01 80.7796

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