Table Data - Capacity Utilization: Manufacturing: Nondurable Goods: Paper (NAICS = 322)

Title Capacity Utilization: Manufacturing: Nondurable Goods: Paper (NAICS = 322)
Series ID CAPUTLG322SQ
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 2026-04-16 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 87.4865
1948-04-01 89.0922
1948-07-01 87.7946
1948-10-01 85.0832
1949-01-01 80.5609
1949-04-01 76.3020
1949-07-01 80.3285
1949-10-01 84.5457
1950-01-01 86.1364
1950-04-01 89.5747
1950-07-01 94.7023
1950-10-01 96.5346
1951-01-01 98.5902
1951-04-01 100.5624
1951-07-01 89.0895
1951-10-01 83.9736
1952-01-01 85.6887
1952-04-01 83.7021
1952-07-01 85.2938
1952-10-01 89.9464
1953-01-01 90.5453
1953-04-01 92.6388
1953-07-01 92.6766
1953-10-01 88.7849
1954-01-01 86.1275
1954-04-01 87.1976
1954-07-01 87.1388
1954-10-01 89.0969
1955-01-01 91.8817
1955-04-01 94.3961
1955-07-01 94.3719
1955-10-01 96.9907
1956-01-01 97.3946
1956-04-01 97.5464
1956-07-01 96.3090
1956-10-01 95.2241
1957-01-01 93.5784
1957-04-01 90.9035
1957-07-01 88.7185
1957-10-01 87.5520
1958-01-01 84.8499
1958-04-01 83.3652
1958-07-01 86.3629
1958-10-01 88.4527
1959-01-01 89.5456
1959-04-01 92.5880
1959-07-01 92.1420
1959-10-01 91.2498
1960-01-01 91.5460
1960-04-01 89.4523
1960-07-01 87.1274
1960-10-01 85.4692
1961-01-01 85.5462
1961-04-01 87.8326
1961-07-01 89.0993
1961-10-01 91.7771
1962-01-01 90.7586
1962-04-01 90.5962
1962-07-01 89.9299
1962-10-01 89.7112
1963-01-01 90.9708
1963-04-01 91.5787
1963-07-01 92.5293
1963-10-01 92.0700
1964-01-01 91.8555
1964-04-01 92.9543
1964-07-01 93.6541
1964-10-01 93.4505
1965-01-01 93.9696
1965-04-01 92.8971
1965-07-01 94.6392
1965-10-01 95.5171
1966-01-01 95.7464
1966-04-01 95.1957
1966-07-01 95.4043
1966-10-01 94.1399
1967-01-01 91.8389
1967-04-01 89.5109
1967-07-01 88.4964
1967-10-01 88.8475
1968-01-01 87.7980
1968-04-01 89.3969
1968-07-01 89.8304
1968-10-01 90.3729
1969-01-01 91.2072
1969-04-01 90.9967
1969-07-01 91.4757
1969-10-01 90.7145
1970-01-01 88.8701
1970-04-01 86.5567
1970-07-01 85.5550
1970-10-01 84.0958
1971-01-01 85.7307
1971-04-01 86.4099
1971-07-01 87.4871
1971-10-01 88.3910
1972-01-01 89.7043
1972-04-01 90.8012
1972-07-01 91.0257
1972-10-01 94.2409
1973-01-01 94.9414
1973-04-01 95.1706
1973-07-01 93.9458
1973-10-01 95.5884
1974-01-01 98.3228
1974-04-01 97.3585
1974-07-01 95.2027
1974-10-01 87.2377
1975-01-01 76.9932
1975-04-01 75.2506
1975-07-01 81.1890
1975-10-01 86.8219
1976-01-01 88.9526
1976-04-01 88.3892
1976-07-01 85.9909
1976-10-01 85.7621
1977-01-01 88.0925
1977-04-01 90.1605
1977-07-01 90.7385
1977-10-01 90.3431
1978-01-01 92.8859
1978-04-01 94.7143
1978-07-01 89.8594
1978-10-01 90.8157
1979-01-01 88.9975
1979-04-01 90.0122
1979-07-01 92.4178
1979-10-01 92.0734
1980-01-01 91.3118
1980-04-01 87.6022
1980-07-01 86.2164
1980-10-01 88.8600
1981-01-01 88.7753
1981-04-01 88.5607
1981-07-01 88.0231
1981-10-01 83.5476
1982-01-01 84.7725
1982-04-01 83.3803
1982-07-01 84.9445
1982-10-01 84.2736
1983-01-01 86.2228
1983-04-01 88.6141
1983-07-01 90.5588
1983-10-01 91.8718
1984-01-01 91.9283
1984-04-01 92.9290
1984-07-01 91.8631
1984-10-01 89.9081
1985-01-01 89.4854
1985-04-01 87.8011
1985-07-01 88.0130
1985-10-01 87.9888
1986-01-01 89.7521
1986-04-01 90.3752
1986-07-01 90.7766
1986-10-01 91.2350
1987-01-01 89.1015
1987-04-01 90.4202
1987-07-01 90.9549
1987-10-01 91.2053
1988-01-01 91.5300
1988-04-01 91.2939
1988-07-01 91.3637
1988-10-01 91.3359
1989-01-01 91.9127
1989-04-01 91.0839
1989-07-01 89.6830
1989-10-01 89.0922
1990-01-01 89.2808
1990-04-01 88.9809
1990-07-01 89.6233
1990-10-01 89.6365
1991-01-01 87.1457
1991-04-01 86.4743
1991-07-01 88.4410
1991-10-01 89.0807
1992-01-01 88.9050
1992-04-01 89.6823
1992-07-01 88.7240
1992-10-01 87.1231
1993-01-01 88.9167
1993-04-01 89.5141
1993-07-01 88.3037
1993-10-01 89.7388
1994-01-01 89.8259
1994-04-01 89.9993
1994-07-01 91.0729
1994-10-01 92.0878
1995-01-01 92.1798
1995-04-01 90.6105
1995-07-01 88.2591
1995-10-01 86.7941
1996-01-01 84.3257
1996-04-01 85.4514
1996-07-01 85.5960
1996-10-01 86.0033
1997-01-01 86.5781
1997-04-01 87.0258
1997-07-01 87.8848
1997-10-01 88.2242
1998-01-01 87.6761
1998-04-01 87.6754
1998-07-01 87.8166
1998-10-01 86.5576
1999-01-01 87.7451
1999-04-01 86.2485
1999-07-01 86.3023
1999-10-01 87.0313
2000-01-01 86.7511
2000-04-01 86.0962
2000-07-01 83.0054
2000-10-01 82.9402
2001-01-01 81.5266
2001-04-01 80.0018
2001-07-01 80.3018
2001-10-01 79.3251
2002-01-01 79.2199
2002-04-01 81.9916
2002-07-01 83.6063
2002-10-01 84.0286
2003-01-01 82.8618
2003-04-01 81.8386
2003-07-01 81.4716
2003-10-01 81.3176
2004-01-01 81.6454
2004-04-01 83.4610
2004-07-01 84.0389
2004-10-01 83.7362
2005-01-01 85.0421
2005-04-01 83.3568
2005-07-01 82.4115
2005-10-01 83.6691
2006-01-01 83.8648
2006-04-01 82.8520
2006-07-01 82.9044
2006-10-01 84.3093
2007-01-01 84.0926
2007-04-01 83.6050
2007-07-01 83.2156
2007-10-01 84.2853
2008-01-01 84.5067
2008-04-01 84.2623
2008-07-01 82.8155
2008-10-01 76.4152
2009-01-01 75.1964
2009-04-01 74.8699
2009-07-01 77.9449
2009-10-01 79.4737
2010-01-01 80.7214
2010-04-01 81.6808
2010-07-01 81.3789
2010-10-01 81.1924
2011-01-01 81.5229
2011-04-01 80.5917
2011-07-01 80.9072
2011-10-01 81.8122
2012-01-01 83.0841
2012-04-01 83.4350
2012-07-01 83.3681
2012-10-01 83.9450
2013-01-01 84.1086
2013-04-01 84.0333
2013-07-01 83.6345
2013-10-01 82.6643
2014-01-01 82.3243
2014-04-01 84.2804
2014-07-01 84.7862
2014-10-01 85.5469
2015-01-01 85.4497
2015-04-01 86.1812
2015-07-01 85.8458
2015-10-01 85.3146
2016-01-01 85.7959
2016-04-01 86.3940
2016-07-01 87.0571
2016-10-01 88.1609
2017-01-01 87.7380
2017-04-01 87.6630
2017-07-01 87.5180
2017-10-01 85.7767
2018-01-01 86.0543
2018-04-01 87.1771
2018-07-01 88.4631
2018-10-01 89.0897
2019-01-01 88.4263
2019-04-01 86.6941
2019-07-01 88.4712
2019-10-01 88.8962
2020-01-01 90.3583
2020-04-01 83.4140
2020-07-01 84.2171
2020-10-01 89.3785
2021-01-01 90.3662
2021-04-01 90.8867
2021-07-01 91.5533
2021-10-01 90.1862
2022-01-01 90.8088
2022-04-01 90.0532
2022-07-01 86.1870
2022-10-01 82.2879
2023-01-01 80.3598
2023-04-01 78.6834
2023-07-01 78.4535
2023-10-01 79.8063
2024-01-01 80.0828
2024-04-01 80.5469
2024-07-01 80.9493
2024-10-01 80.7486
2025-01-01 80.1828
2025-04-01 79.2792
2025-07-01 79.5168
2025-10-01 77.4825
2026-01-01 77.6724

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