Business Tendency Surveys: Rate of Capacity Utilisation: Economic Activity: Manufacturing: Current for India
BSCURT02INQ160S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.90
Year-over-Year Change
-13.49%
Date Range
4/1/2000 - 10/1/2024
Summary
The 'Business Tendency Surveys: Rate of Capacity Utilisation: Economic Activity: Manufacturing: Current for India' tracks the capacity utilization rate in the Indian manufacturing sector, providing insight into economic activity.
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
This survey-based indicator measures the current rate of capacity utilization among Indian manufacturing firms. It offers a timely gauge of the strength of industrial production and is used by economists to assess the business cycle and inflationary pressures.
Methodology
The data is collected through business surveys conducted by the Reserve Bank of India.
Historical Context
Policymakers and analysts monitor this indicator to understand the state of the Indian economy and inform economic policy decisions.
Key Facts
- The indicator ranges from 0 to 100, with 100 representing full capacity utilization.
- Higher capacity utilization often signals increased inflationary pressures.
- India's manufacturing sector accounts for over 15% of its GDP.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the current rate of capacity utilization in the Indian manufacturing sector, providing insight into the level of economic activity.
Q: Why is this trend relevant for users or analysts?
A: The capacity utilization rate is a valuable leading indicator of industrial production and can inform assessments of inflationary pressures and the overall state of the Indian economy.
Q: How is this data collected or calculated?
A: The data is collected through business surveys conducted by the Reserve Bank of India.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this indicator to understand the strength of the Indian economy and inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a relatively short lag, making it a timely indicator of economic conditions.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Rate of Capacity Utilisation: Economic Activity: Manufacturing: Current for India (BSCURT02INQ160S), retrieved from FRED.