Federal Reserve Economic Data

Table Data - Capacity Utilization: Manufacturing (NAICS)

Title Capacity Utilization: Manufacturing (NAICS)
Series ID CUMFN
Source Board of Governors of the Federal Reserve System (US)
Release G.17 Industrial Production and Capacity Utilization
Seasonal Adjustment Seasonally Adjusted
Frequency Quarterly
Units Percent
Date Range 1972-01-01 to 2024-10-01
Last Updated 2025-01-17 8:24 AM CST
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
1972-01-01 81.7309
1972-04-01 82.7692
1972-07-01 83.2347
1972-10-01 85.6687
1973-01-01 87.6959
1973-04-01 87.6809
1973-07-01 87.4929
1973-10-01 88.2834
1974-01-01 86.6309
1974-04-01 85.7389
1974-07-01 84.7632
1974-10-01 80.4488
1975-01-01 73.3011
1975-04-01 71.6827
1975-07-01 73.6801
1975-10-01 75.2756
1976-01-01 77.4111
1976-04-01 78.1880
1976-07-01 78.7760
1976-10-01 79.3667
1977-01-01 80.7517
1977-04-01 82.8767
1977-07-01 83.1725
1977-10-01 83.2259
1978-01-01 82.5732
1978-04-01 84.7059
1978-07-01 84.8876
1978-10-01 85.8626
1979-01-01 85.3919
1979-04-01 84.3224
1979-07-01 83.3864
1979-10-01 82.7652
1980-01-01 82.4001
1980-04-01 77.6393
1980-07-01 75.4356
1980-10-01 78.4089
1981-01-01 77.9416
1981-04-01 77.8603
1981-07-01 77.1272
1981-10-01 74.4253
1982-01-01 72.0664
1982-04-01 71.2973
1982-07-01 70.2633
1982-10-01 68.4396
1983-01-01 69.8047
1983-04-01 71.7932
1983-07-01 74.3611
1983-10-01 76.4762
1984-01-01 78.5613
1984-04-01 79.3111
1984-07-01 79.3737
1984-10-01 79.1587
1985-01-01 78.4003
1985-04-01 77.8236
1985-07-01 77.2881
1985-10-01 77.3595
1986-01-01 78.0258
1986-04-01 77.6946
1986-07-01 77.9501
1986-10-01 78.5448
1987-01-01 79.1231
1987-04-01 79.8576
1987-07-01 80.7382
1987-10-01 82.5362
1988-01-01 82.8517
1988-04-01 83.7196
1988-07-01 83.8457
1988-10-01 84.5784
1989-01-01 84.7155
1989-04-01 83.5900
1989-07-01 82.3204
1989-10-01 81.7175
1990-01-01 81.9576
1990-04-01 81.9471
1990-07-01 81.6735
1990-10-01 79.8995
1991-01-01 77.7932
1991-04-01 77.9721
1991-07-01 79.1783
1991-10-01 79.1407
1992-01-01 78.8051
1992-04-01 79.8276
1992-07-01 80.0198
1992-10-01 80.0426
1993-01-01 80.3960
1993-04-01 80.2401
1993-07-01 80.0313
1993-10-01 81.0094
1994-01-01 81.4021
1994-04-01 82.5999
1994-07-01 83.0062
1994-10-01 84.0899
1995-01-01 84.0075
1995-04-01 83.1247
1995-07-01 82.7180
1995-10-01 82.4121
1996-01-01 81.5429
1996-04-01 82.1581
1996-07-01 82.3772
1996-10-01 82.1635
1997-01-01 82.5743
1997-04-01 82.4912
1997-07-01 82.9582
1997-10-01 83.4783
1998-01-01 82.8903
1998-04-01 81.4616
1998-07-01 80.5492
1998-10-01 80.7546
1999-01-01 80.5881
1999-04-01 80.3833
1999-07-01 79.9493
1999-10-01 80.5380
2000-01-01 80.4385
2000-04-01 80.4523
2000-07-01 79.4125
2000-10-01 77.9882
2001-01-01 76.0521
2001-04-01 74.2366
2001-07-01 72.4755
2001-10-01 71.3378
2002-01-01 71.7766
2002-04-01 72.7841
2002-07-01 73.3478
2002-10-01 73.2485
2003-01-01 73.6387
2003-04-01 73.2953
2003-07-01 73.8781
2003-10-01 74.7637
2004-01-01 75.3180
2004-04-01 75.9549
2004-07-01 76.6496
2004-10-01 77.6570
2005-01-01 78.5887
2005-04-01 78.6514
2005-07-01 78.0570
2005-10-01 78.8067
2006-01-01 79.1334
2006-04-01 78.8917
2006-07-01 78.8119
2006-10-01 78.6512
2007-01-01 78.9872
2007-04-01 79.4355
2007-07-01 78.9668
2007-10-01 78.8529
2008-01-01 78.2173
2008-04-01 76.5746
2008-07-01 73.8468
2008-10-01 69.5811
2009-01-01 65.0656
2009-04-01 63.6819
2009-07-01 65.4732
2009-10-01 66.9138
2010-01-01 68.4540
2010-04-01 70.6294
2010-07-01 71.7732
2010-10-01 72.3900
2011-01-01 73.2227
2011-04-01 73.2970
2011-07-01 74.0090
2011-10-01 74.5381
2012-01-01 75.3203
2012-04-01 75.2219
2012-07-01 74.8212
2012-10-01 74.8281
2013-01-01 75.2063
2013-04-01 75.1414
2013-07-01 75.0768
2013-10-01 75.4362
2014-01-01 75.2814
2014-04-01 76.3004
2014-07-01 76.7883
2014-10-01 77.1545
2015-01-01 76.7134
2015-04-01 76.7597
2015-07-01 76.9914
2015-10-01 76.4540
2016-01-01 76.2443
2016-04-01 75.8779
2016-07-01 75.7585
2016-10-01 75.8295
2017-01-01 75.9513
2017-04-01 76.7835
2017-07-01 76.6425
2017-10-01 77.7248
2018-01-01 78.0401
2018-04-01 78.7080
2018-07-01 79.0960
2018-10-01 78.7910
2019-01-01 77.8776
2019-04-01 77.2895
2019-07-01 77.1885
2019-10-01 76.8756
2020-01-01 75.9433
2020-04-01 65.9912
2020-07-01 73.7061
2020-10-01 75.4126
2021-01-01 75.5949
2021-04-01 76.9657
2021-07-01 77.6734
2021-10-01 78.7686
2022-01-01 79.2805
2022-04-01 79.7293
2022-07-01 79.6241
2022-10-01 78.7733
2023-01-01 78.6152
2023-04-01 78.3973
2023-07-01 78.0478
2023-10-01 77.5168
2024-01-01 77.0828
2024-04-01 77.0858
2024-07-01 76.6638
2024-10-01 76.1900

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