Federal Reserve Economic Data: Your trusted data source since 1991

Capacity Utilization: Mining: Oil and Gas Extraction (NAICS = 211) (CAPUTLG211A)

Observation:

2023: 97.9161 (+ more)   Updated: Jun 28, 2024 11:14 AM CDT
2023:  97.9161  
2022:  96.9409  
2021:  94.0126  
2020:  91.3839  
2019:  99.0628  
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Units:

Percent,
Seasonally Adjusted

Frequency:

Annual

NOTES

Source: Board of Governors of the Federal Reserve System (US)  

Release: G.17 Industrial Production and Capacity Utilization  

Units:  Percent, Seasonally Adjusted

Frequency:  Annual

Notes:

For a given industry, the capacity utilization rate is equal to an output index 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.

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

NAICS: 211

Source Code: CAPUTL.G211.A

Suggested Citation:

Board of Governors of the Federal Reserve System (US), Capacity Utilization: Mining: Oil and Gas Extraction (NAICS = 211) [CAPUTLG211A], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CAPUTLG211A, June 28, 2024.

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