Business Tendency Surveys: Rate of Capacity Utilisation: Economic Activity: Manufacturing: Current for United States
BSCURT02USM160S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76.73
Year-over-Year Change
-0.78%
Date Range
1/1/1967 - 5/1/2025
Summary
The Business Tendency Surveys: Rate of Capacity Utilisation: Economic Activity: Manufacturing: Current for United States measures the percentage of the total productive capacity that is currently being utilized by the manufacturing sector.
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 indicator provides insight into the manufacturing industry's current operating levels and productivity. It is a valuable metric for economists and policymakers to assess the overall health and momentum of the U.S. economy.
Methodology
The data is collected through surveys of manufacturing firms.
Historical Context
This metric is used to inform monetary and fiscal policy decisions.
Key Facts
- The average capacity utilization rate for U.S. manufacturing was 77.5% in 2022.
- Capacity utilization is a leading indicator of inflation and production.
- Underutilized capacity can signal economic slack and potential for growth.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of total available production capacity that is currently being utilized in the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: The capacity utilization rate is a key metric for assessing the manufacturing industry's productivity, operational efficiency, and overall economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing firms.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge inflationary pressures, guide monetary policy decisions, and evaluate the manufacturing sector's contribution to overall economic growth.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Rate of Capacity Utilisation: Economic Activity: Manufacturing: Current for United States (BSCURT02USM160S), retrieved from FRED.