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Quarterly
ROUCCUSMA02STQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.55
Year-over-Year Change
9.76%
Date Range
1/1/1960 - 7/1/2023
Summary
The Quarterly Capacity Utilization: Manufacturing series measures the percentage of total production capacity that is being used by U.S. manufacturing firms. It is a key indicator of economic activity and industrial productivity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Capacity utilization is an important metric for understanding manufacturing output and assessing the level of inflationary pressures in the economy. High capacity utilization suggests that firms may need to increase investment or employment to meet demand, which can drive up costs and prices.
Methodology
The data is collected through surveys of manufacturing firms by the U.S. Federal Reserve.
Historical Context
Capacity utilization is closely monitored by policymakers and analysts to gauge the overall health of the industrial sector.
Key Facts
- The long-term average capacity utilization rate is around 80%.
- Capacity utilization above 85% is considered high, potentially signaling inflationary pressures.
- Rates below 75% are viewed as indicating slack in the industrial sector.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Capacity Utilization: Manufacturing series measures the percentage of total production capacity that is being utilized by U.S. manufacturing firms.
Q: Why is this trend relevant for users or analysts?
A: Capacity utilization is an important indicator of the overall health of the industrial sector and can signal potential inflationary pressures in the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing firms by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Capacity utilization is closely monitored by policymakers and analysts to gauge the overall health of the industrial sector and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical delay of several weeks after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly Capacity Utilization: Manufacturing (ROUCCUSMA02STQ), retrieved from FRED.