Table Data - Capacity Utilization: Stage-of-Process: Primary & Semifinished Processing

Title Capacity Utilization: Stage-of-Process: Primary & Semifinished Processing
Series ID CAPUTLB562A3CSQ
Source Board of Governors of the Federal Reserve System (US)
Release G.17 Industrial Production and Capacity Utilization
Seasonal Adjustment Seasonally Adjusted
Frequency Quarterly
Units Percent
Date Range 1948-01-01 to 2026-01-01
Last Updated 2026-05-15 8:20 AM CDT
Notes

The Federal Reserve Board constructs estimates of capacity and capacity utilization for industries in manufacturing, mining, and electric and gas utilities. For a given industry, the capacity utilization rate is equal to an output index (seasonally adjusted) divided by a capacity index. The Federal Reserve Board's capacity indexes attempt to capture the concept of sustainable maximum output -- the greatest level of output a plant can maintain within the framework of a realistic work schedule, after factoring in normal downtime and assuming sufficient availability of inputs to operate the capital in place.

The Federal Reserve's monthly index of industrial production and the related capacity indexes and capacity utilization rates cover manufacturing, mining, and electric and gas utilities. The industrial sector, together with construction, accounts for the bulk of the variation in national output over the course of the business cycle. The industrial detail provided by these measures helps illuminate structural developments in the economy. The industrial production (IP) index measures the real output of all relevant establishments located in the United States, regardless of their ownership, but not those located in U.S. territories. For more information, see the explanatory notes issued by the Board of Governors. For recent updates, see the announcements issued by the Board of Governors.

DATE VALUE
1948-01-01 88.0969
1948-04-01 88.3091
1948-07-01 87.9580
1948-10-01 84.7220
1949-01-01 80.2723
1949-04-01 74.3583
1949-07-01 75.3496
1949-10-01 74.7116
1950-01-01 80.6672
1950-04-01 86.9979
1950-07-01 92.6381
1950-10-01 93.5293
1951-01-01 93.5654
1951-04-01 93.4620
1951-07-01 88.6035
1951-10-01 85.3477
1952-01-01 85.5372
1952-04-01 79.7202
1952-07-01 83.4807
1952-10-01 90.6624
1953-01-01 91.3171
1953-04-01 92.3669
1953-07-01 90.4157
1953-10-01 83.5125
1954-01-01 79.6268
1954-04-01 79.7908
1954-07-01 79.7172
1954-10-01 83.2320
1955-01-01 88.2492
1955-04-01 92.4178
1955-07-01 93.3704
1955-10-01 93.9029
1956-01-01 92.7553
1956-04-01 90.7304
1956-07-01 84.9938
1956-10-01 89.2230
1957-01-01 88.2127
1957-04-01 85.4382
1957-07-01 85.2750
1957-10-01 79.9928
1958-01-01 72.6230
1958-04-01 71.0479
1958-07-01 77.0990
1958-10-01 80.7555
1959-01-01 84.8382
1959-04-01 89.5127
1959-07-01 77.7987
1959-10-01 79.7355
1960-01-01 86.5690
1960-04-01 80.9053
1960-07-01 77.9800
1960-10-01 73.7030
1961-01-01 71.9455
1961-04-01 76.5024
1961-07-01 80.7402
1961-10-01 82.5737
1962-01-01 82.8942
1962-04-01 81.1310
1962-07-01 80.7369
1962-10-01 81.2685
1963-01-01 81.7523
1963-04-01 85.0256
1963-07-01 83.6315
1963-10-01 84.7837
1964-01-01 85.7149
1964-04-01 87.1079
1964-07-01 88.7232
1964-10-01 89.7214
1965-01-01 91.0146
1965-04-01 91.1895
1965-07-01 91.6895
1965-10-01 90.2346
1966-01-01 91.7628
1966-04-01 92.0198
1966-07-01 91.8541
1966-10-01 90.0613
1967-01-01 86.7683
1967-04-01 83.5857
1967-07-01 83.8909
1967-10-01 85.9214
1968-01-01 86.1431
1968-04-01 87.3892
1968-07-01 86.6276
1968-10-01 87.2424
1969-01-01 88.1565
1969-04-01 87.9880
1969-07-01 88.5306
1969-10-01 87.8452
1970-01-01 83.7231
1970-04-01 81.8539
1970-07-01 81.6663
1970-10-01 78.6960
1971-01-01 80.9523
1971-04-01 82.1427
1971-07-01 80.7684
1971-10-01 82.8501
1972-01-01 86.7081
1972-04-01 87.7249
1972-07-01 87.9144
1972-10-01 90.5316
1973-01-01 92.4670
1973-04-01 92.2429
1973-07-01 91.8914
1973-10-01 91.8531
1974-01-01 89.7548
1974-04-01 89.0585
1974-07-01 87.5469
1974-10-01 82.5188
1975-01-01 75.6852
1975-04-01 73.6403
1975-07-01 75.0388
1975-10-01 75.9982
1976-01-01 78.4779
1976-04-01 79.4309
1976-07-01 80.6065
1976-10-01 81.6744
1977-01-01 82.5344
1977-04-01 84.8255
1977-07-01 85.1079
1977-10-01 85.2883
1978-01-01 84.6983
1978-04-01 86.1081
1978-07-01 86.4585
1978-10-01 87.5845
1979-01-01 87.5052
1979-04-01 86.6835
1979-07-01 85.2376
1979-10-01 84.3732
1980-01-01 83.5163
1980-04-01 77.5233
1980-07-01 75.5579
1980-10-01 79.1141
1981-01-01 78.4195
1981-04-01 78.5302
1981-07-01 77.9000
1981-10-01 74.6907
1982-01-01 72.2722
1982-04-01 71.2241
1982-07-01 70.1725
1982-10-01 68.6812
1983-01-01 70.3587
1983-04-01 73.0769
1983-07-01 76.2767
1983-10-01 78.6822
1984-01-01 81.0000
1984-04-01 81.8165
1984-07-01 81.3525
1984-10-01 80.7693
1985-01-01 80.7672
1985-04-01 80.0003
1985-07-01 79.2689
1985-10-01 79.1719
1986-01-01 79.4380
1986-04-01 79.3480
1986-07-01 79.7110
1986-10-01 80.2804
1987-01-01 80.8227
1987-04-01 82.2189
1987-07-01 83.1667
1987-10-01 84.5740
1988-01-01 85.3116
1988-04-01 85.5163
1988-07-01 85.9073
1988-10-01 86.1968
1989-01-01 86.1763
1989-04-01 84.9886
1989-07-01 83.9026
1989-10-01 83.6546
1990-01-01 83.0764
1990-04-01 83.1193
1990-07-01 82.9521
1990-10-01 80.9740
1991-01-01 78.6657
1991-04-01 79.3642
1991-07-01 80.6297
1991-10-01 80.6393
1992-01-01 80.4158
1992-04-01 81.3224
1992-07-01 81.3227
1992-10-01 81.9133
1993-01-01 82.5460
1993-04-01 82.6840
1993-07-01 83.1702
1993-10-01 84.0362
1994-01-01 84.9600
1994-04-01 86.0119
1994-07-01 86.4283
1994-10-01 87.2254
1995-01-01 87.1999
1995-04-01 86.2418
1995-07-01 85.9253
1995-10-01 85.7402
1996-01-01 85.5194
1996-04-01 85.6498
1996-07-01 85.1711
1996-10-01 85.3694
1997-01-01 85.6452
1997-04-01 85.6049
1997-07-01 85.9000
1997-10-01 86.4547
1998-01-01 85.0204
1998-04-01 84.0088
1998-07-01 83.6752
1998-10-01 83.9676
1999-01-01 84.0731
1999-04-01 84.1274
1999-07-01 84.6456
1999-10-01 85.0275
2000-01-01 85.0222
2000-04-01 85.1287
2000-07-01 83.9234
2000-10-01 82.5470
2001-01-01 80.2477
2001-04-01 78.3082
2001-07-01 76.6591
2001-10-01 75.1650
2002-01-01 75.9908
2002-04-01 77.8691
2002-07-01 78.3722
2002-10-01 78.5465
2003-01-01 78.8856
2003-04-01 77.9426
2003-07-01 78.3440
2003-10-01 79.4910
2004-01-01 80.1057
2004-04-01 80.5321
2004-07-01 80.5653
2004-10-01 81.5259
2005-01-01 81.9679
2005-04-01 81.9426
2005-07-01 82.0095
2005-10-01 82.6598
2006-01-01 82.2599
2006-04-01 81.9211
2006-07-01 81.4421
2006-10-01 80.4112
2007-01-01 81.2574
2007-04-01 81.5099
2007-07-01 81.1763
2007-10-01 80.8656
2008-01-01 80.2838
2008-04-01 78.8096
2008-07-01 76.1042
2008-10-01 71.5689
2009-01-01 66.1015
2009-04-01 63.8668
2009-07-01 64.9961
2009-10-01 67.1445
2010-01-01 69.3336
2010-04-01 71.4566
2010-07-01 72.7959
2010-10-01 73.5205
2011-01-01 74.1512
2011-04-01 74.1731
2011-07-01 74.9167
2011-10-01 74.5353
2012-01-01 74.6217
2012-04-01 75.2706
2012-07-01 74.8426
2012-10-01 74.7690
2013-01-01 75.6566
2013-04-01 75.8254
2013-07-01 76.0176
2013-10-01 77.1906
2014-01-01 77.4670
2014-04-01 77.7297
2014-07-01 77.8723
2014-10-01 78.4307
2015-01-01 78.4033
2015-04-01 77.8708
2015-07-01 78.0716
2015-10-01 77.3001
2016-01-01 77.0670
2016-04-01 77.2668
2016-07-01 77.6249
2016-10-01 76.8235
2017-01-01 76.5671
2017-04-01 77.7196
2017-07-01 77.7179
2017-10-01 79.1704
2018-01-01 79.7617
2018-04-01 80.7026
2018-07-01 80.7159
2018-10-01 80.9770
2019-01-01 79.9368
2019-04-01 78.9684
2019-07-01 79.0845
2019-10-01 78.2294
2020-01-01 77.0259
2020-04-01 68.5798
2020-07-01 74.4398
2020-10-01 76.2705
2021-01-01 76.8368
2021-04-01 77.8427
2021-07-01 78.4863
2021-10-01 79.1470
2022-01-01 79.7649
2022-04-01 79.7919
2022-07-01 79.0446
2022-10-01 78.4392
2023-01-01 77.5008
2023-04-01 77.0904
2023-07-01 77.1681
2023-10-01 76.6411
2024-01-01 76.1047
2024-04-01 76.5985
2024-07-01 76.0334
2024-10-01 75.7310
2025-01-01 76.2929
2025-04-01 75.8587
2025-07-01 75.5512
2025-10-01 75.5000
2026-01-01 75.6182

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