Chain-Type Quantity Index for Real GDP: Utilities (22) in Iowa
Quarterly, Seasonally Adjusted
IAUTILQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.44
Year-over-Year Change
25.92%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly Seasonally Adjusted Industrial Utilization Rate measures the percentage of available industrial capacity that is actively used by businesses in the United States. This metric is a key indicator of economic activity and 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
The Industrial Utilization Rate tracks the extent to which the nation's factories, mines, and utilities are operating. It is a vital measure of how efficiently the U.S. economy is utilizing its productive resources.
Methodology
The data is collected through surveys of industrial firms and calculated by the Federal Reserve.
Historical Context
Policymakers and analysts use this metric to assess the health of the manufacturing sector and gauge inflationary pressures.
Key Facts
- The utilization rate averaged 79.6% from 1972 to 2022.
- Utilization fell to a low of 64.4% during the 2008-2009 recession.
- High utilization can signal inflationary pressures in the economy.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Seasonally Adjusted Industrial Utilization Rate measures the percentage of available industrial capacity that is actively being used by businesses in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of economic activity and productivity, providing insights into the health of the manufacturing sector and potential inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial firms and calculated by the Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the state of the manufacturing industry and gauge inflationary pressures in the broader economy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a relatively short delay, providing timely insights into the utilization of industrial capacity.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (IAUTILQQGSP), retrieved from FRED.