Consumer Price Index: Health (COICOP 06): Total for Costa Rica
Quarterly
CRICP060000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.01
Year-over-Year Change
8.62%
Date Range
1/1/1995 - 10/1/2021
Summary
The Quarterly Capacity Utilization: Total Industry (CRICP060000IXNBQ) measures the percentage of total production capacity being used by US industries. It is a key indicator of economic health and production efficiency.
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
The Capacity Utilization rate tracks the extent to which industry is using its full productive potential. It is used by policymakers, analysts, and businesses to assess current and future demand, guide investment decisions, and monitor inflationary pressures.
Methodology
The Federal Reserve collects and aggregates data from manufacturing, mining, and utility companies to calculate this seasonally adjusted index.
Historical Context
Capacity utilization data helps the Federal Reserve and other institutions evaluate the need for monetary policy adjustments to promote full employment and price stability.
Key Facts
- The current capacity utilization rate is 78.8% (as of January 2023).
- Utilization rates above 80% typically indicate the economy is operating near full capacity.
- Manufacturing accounts for over 75% of total capacity utilization.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Capacity Utilization rate measures the percentage of total production capacity being used by US industries across manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: Capacity utilization data is a key indicator of economic health, productivity, and inflationary pressures, providing insights for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The Federal Reserve aggregates data from companies across sectors to calculate this seasonally adjusted index.
Q: How is this trend used in economic policy?
A: Capacity utilization helps the Federal Reserve and other institutions evaluate the need for monetary policy adjustments to promote full employment and price stability.
Q: Are there update delays or limitations?
A: The capacity utilization data is released monthly with a lag of around one month.
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Citation
U.S. Federal Reserve, Quarterly Capacity Utilization: Total Industry (CRICP060000IXNBQ), retrieved from FRED.