Business Tendency Surveys: Rate of Capacity Utilisation: Economic Activity: Manufacturing: Current for Luxembourg
BSCURT02LUQ160S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
79.30
Year-over-Year Change
-0.75%
Date Range
1/1/1985 - 4/1/2025
Summary
The 'Business Tendency Surveys: Rate of Capacity Utilisation: Economic Activity: Manufacturing: Current for Luxembourg' measures the current rate of capacity utilization in the manufacturing sector of the Luxembourg economy. This metric provides valuable insights into the overall health and performance of the industrial production in the country.
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 economic indicator tracks the percentage of total production capacity that is currently being utilized by manufacturers in Luxembourg. It serves as an important barometer of economic activity, signaling the degree of slack or strain in the industrial sector.
Methodology
The data is collected through monthly business tendency surveys conducted by the statistical agencies in Luxembourg.
Historical Context
Policymakers and analysts monitor this metric to assess the manufacturing industry's dynamics and potential inflationary pressures.
Key Facts
- The average capacity utilization rate in Luxembourg's manufacturing sector was 80.1% in 2021.
- Capacity utilization reached a peak of 87.2% in 2000 and a low of 66.4% in 2009.
- The rate of capacity utilization is a leading indicator of industrial production and inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the current rate of capacity utilization in the manufacturing sector of the Luxembourg economy, representing the percentage of total production capacity that is being utilized.
Q: Why is this trend relevant for users or analysts?
A: The rate of capacity utilization is an important metric that provides insights into the health and performance of the industrial production in Luxembourg, signaling the degree of slack or strain in the manufacturing sector.
Q: How is this data collected or calculated?
A: The data is collected through monthly business tendency surveys conducted by the statistical agencies in Luxembourg.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this metric to assess the dynamics of the manufacturing industry and potential inflationary pressures in the Luxembourg economy.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Rate of Capacity Utilisation: Economic Activity: Manufacturing: Current for Luxembourg (BSCURT02LUQ160S), retrieved from FRED.