Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 74 Years for Luxembourg

Annual, Seasonally Adjusted

LRAC74TTLUA156S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

67.45

Year-over-Year Change

8.40%

Date Range

1/1/2003 - 1/1/2024

Summary

This economic trend measures the annual, seasonally adjusted capacity utilization rate for the total manufacturing sector in the United States. It provides insights into the overall production efficiency and potential output of the manufacturing industry.

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 represents the ratio of actual manufacturing output to the total potential output capacity. It is a key indicator of industrial activity and can signal inflationary pressures or inform monetary and fiscal policy decisions.

Methodology

The Federal Reserve collects and calculates this data based on monthly surveys of manufacturing facilities.

Historical Context

Capacity utilization data is closely monitored by policymakers, analysts, and investors to assess the health and trajectory of the U.S. economy.

Key Facts

  • The long-term average capacity utilization rate is around 80%.
  • Low capacity utilization can signal economic slowdown or recession.
  • High capacity utilization can lead to inflationary pressures.

FAQs

Q: What does this economic trend measure?

A: This trend measures the annual, seasonally adjusted capacity utilization rate for the total manufacturing sector in the United States.

Q: Why is this trend relevant for users or analysts?

A: The capacity utilization rate is a key indicator of industrial activity and can signal inflationary pressures or inform monetary and fiscal policy decisions.

Q: How is this data collected or calculated?

A: The Federal Reserve collects and calculates this data based on monthly surveys of manufacturing facilities.

Q: How is this trend used in economic policy?

A: Capacity utilization data is closely monitored by policymakers, analysts, and investors to assess the health and trajectory of the U.S. economy.

Q: Are there update delays or limitations?

A: The Federal Reserve publishes this data on a monthly basis, with some lag from the current period.

Related Trends

Citation

U.S. Federal Reserve, Annual, Seasonally Adjusted (LRAC74TTLUA156S), retrieved from FRED.