Federal Reserve Economic Data

Table Data - Capacity Utilization: Manufacturing Excluding Computers, Communications Equipment, and Semiconductors

Title Capacity Utilization: Manufacturing Excluding Computers, Communications Equipment, and Semiconductors
Series ID CAPUTLX4HTK2S
Source Board of Governors of the Federal Reserve System (US)
Release G.17 Industrial Production and Capacity Utilization
Seasonal Adjustment Seasonally Adjusted
Frequency Monthly
Units Percent
Date Range 1967-01-01 to 2025-11-01
Last Updated 2025-12-23 8:18 AM CST
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
1967-01-01 89.4290
1967-02-01 87.8147
1967-03-01 86.9057
1967-04-01 87.2054
1967-05-01 86.2572
1967-06-01 85.7923
1967-07-01 85.1825
1967-08-01 86.2158
1967-09-01 85.9519
1967-10-01 86.2031
1967-11-01 87.2447
1967-12-01 87.8527
1968-01-01 87.1852
1968-02-01 87.0646
1968-03-01 86.8038
1968-04-01 86.7209
1968-05-01 87.4285
1968-06-01 87.3190
1968-07-01 86.9562
1968-08-01 86.6022
1968-09-01 86.4544
1968-10-01 86.6057
1968-11-01 87.3907
1968-12-01 87.1654
1969-01-01 87.3376
1969-02-01 87.6310
1969-03-01 87.8218
1969-04-01 87.0935
1969-05-01 86.3722
1969-06-01 86.6770
1969-07-01 87.0198
1969-08-01 86.5698
1969-09-01 86.3102
1969-10-01 85.9414
1969-11-01 84.5649
1969-12-01 83.9732
1970-01-01 81.7434
1970-02-01 81.5771
1970-03-01 81.0806
1970-04-01 80.4270
1970-05-01 80.1298
1970-06-01 79.7834
1970-07-01 79.7921
1970-08-01 79.0699
1970-09-01 78.3646
1970-10-01 76.3334
1970-11-01 75.6784
1970-12-01 77.6563
1971-01-01 78.2098
1971-02-01 78.0276
1971-03-01 77.6826
1971-04-01 77.9170
1971-05-01 78.3483
1971-06-01 78.3763
1971-07-01 78.2884
1971-08-01 77.0042
1971-09-01 78.3825
1971-10-01 79.1529
1971-11-01 79.1509
1971-12-01 79.6375
1972-01-01 81.3529
1972-02-01 81.8920
1972-03-01 82.3186
1972-04-01 83.0737
1972-05-01 83.0315
1972-06-01 83.1671
1972-07-01 82.8965
1972-08-01 83.8370
1972-09-01 84.2997
1972-10-01 85.2433
1972-11-01 86.0625
1972-12-01 86.9001
1973-01-01 87.3090
1973-02-01 88.4274
1973-03-01 88.3247
1973-04-01 87.8711
1973-05-01 88.1510
1973-06-01 87.7613
1973-07-01 87.9341
1973-08-01 87.2847
1973-09-01 87.6943
1973-10-01 88.2309
1973-11-01 88.5177
1973-12-01 88.2456
1974-01-01 87.1985
1974-02-01 86.5165
1974-03-01 86.1505
1974-04-01 85.5538
1974-05-01 85.9774
1974-06-01 85.7629
1974-07-01 85.5624
1974-08-01 84.8041
1974-09-01 84.4188
1974-10-01 83.6911
1974-11-01 81.0666
1974-12-01 77.1662
1975-01-01 75.4785
1975-02-01 73.3303
1975-03-01 72.2135
1975-04-01 72.1945
1975-05-01 71.9842
1975-06-01 72.5433
1975-07-01 73.4601
1975-08-01 74.1117
1975-09-01 75.2320
1975-10-01 75.5047
1975-11-01 75.4997
1975-12-01 76.4064
1976-01-01 77.1697
1976-02-01 78.1805
1976-03-01 78.2249
1976-04-01 78.4661
1976-05-01 78.6221
1976-06-01 78.5108
1976-07-01 78.8693
1976-08-01 79.1639
1976-09-01 79.1218
1976-10-01 78.7903
1976-11-01 79.6467
1976-12-01 80.3019
1977-01-01 79.8025
1977-02-01 81.0097
1977-03-01 82.0475
1977-04-01 82.6679
1977-05-01 83.0939
1977-06-01 83.5572
1977-07-01 83.3312
1977-08-01 83.4986
1977-09-01 83.3067
1977-10-01 83.2168
1977-11-01 83.1712
1977-12-01 83.8766
1978-01-01 82.3486
1978-02-01 82.4295
1978-03-01 83.6216
1978-04-01 84.7717
1978-05-01 84.9112
1978-06-01 85.2551
1978-07-01 84.9044
1978-08-01 85.0753
1978-09-01 85.2158
1978-10-01 85.5199
1978-11-01 86.0268
1978-12-01 86.4072
1979-01-01 85.4551
1979-02-01 85.4348
1979-03-01 85.6191
1979-04-01 83.9382
1979-05-01 84.8725
1979-06-01 84.6494
1979-07-01 84.4655
1979-08-01 83.0757
1979-09-01 82.9150
1979-10-01 83.1261
1979-11-01 82.5525
1979-12-01 82.5373
1980-01-01 82.7400
1980-02-01 82.4287
1980-03-01 81.5131
1980-04-01 79.5756
1980-05-01 76.9431
1980-06-01 75.5571
1980-07-01 74.6266
1980-08-01 74.9564
1980-09-01 76.0986
1980-10-01 77.3160
1980-11-01 78.5630
1980-12-01 78.6508
1981-01-01 78.0570
1981-02-01 77.4250
1981-03-01 77.4823
1981-04-01 77.6379
1981-05-01 77.8318
1981-06-01 77.2394
1981-07-01 77.2073
1981-08-01 76.9368
1981-09-01 76.4435
1981-10-01 75.4370
1981-11-01 74.3305
1981-12-01 72.8727
1982-01-01 70.9121
1982-02-01 72.7270
1982-03-01 72.0879
1982-04-01 71.3783
1982-05-01 71.1191
1982-06-01 70.9446
1982-07-01 70.7241
1982-08-01 70.1055
1982-09-01 69.8913
1982-10-01 68.9465
1982-11-01 68.4837
1982-12-01 68.1853
1983-01-01 69.7525
1983-02-01 69.6850
1983-03-01 70.2787
1983-04-01 71.0982
1983-05-01 71.9039
1983-06-01 72.4602
1983-07-01 73.3644
1983-08-01 74.1257
1983-09-01 75.2874
1983-10-01 76.0256
1983-11-01 76.3393
1983-12-01 76.4734
1984-01-01 77.7397
1984-02-01 78.4520
1984-03-01 78.6725
1984-04-01 78.8669
1984-05-01 78.9421
1984-06-01 79.1312
1984-07-01 79.2543
1984-08-01 79.1884
1984-09-01 78.7072
1984-10-01 78.9633
1984-11-01 78.9707
1984-12-01 79.0074
1985-01-01 78.6002
1985-02-01 78.1640
1985-03-01 78.6546
1985-04-01 78.3139
1985-05-01 78.2888
1985-06-01 78.1395
1985-07-01 77.8230
1985-08-01 78.0668
1985-09-01 78.0234
1985-10-01 77.7715
1985-11-01 78.1788
1985-12-01 78.3364
1986-01-01 79.2653
1986-02-01 78.7293
1986-03-01 78.3390
1986-04-01 78.6940
1986-05-01 78.7046
1986-06-01 78.4634
1986-07-01 78.5962
1986-08-01 78.6574
1986-09-01 78.7292
1986-10-01 78.9246
1986-11-01 79.0678
1986-12-01 79.6335
1987-01-01 79.0899
1987-02-01 80.1045
1987-03-01 80.0195
1987-04-01 80.2446
1987-05-01 80.5894
1987-06-01 80.6632
1987-07-01 81.0694
1987-08-01 81.2771
1987-09-01 81.6563
1987-10-01 82.7037
1987-11-01 83.0574
1987-12-01 83.4687
1988-01-01 83.2493
1988-02-01 83.4805
1988-03-01 83.6386
1988-04-01 84.3468
1988-05-01 84.0479
1988-06-01 84.1642
1988-07-01 84.0463
1988-08-01 84.1255
1988-09-01 84.3753
1988-10-01 84.6804
1988-11-01 84.9543
1988-12-01 85.3069
1989-01-01 85.9500
1989-02-01 84.9957
1989-03-01 84.8325
1989-04-01 84.7936
1989-05-01 83.9757
1989-06-01 83.9062
1989-07-01 82.5939
1989-08-01 83.1573
1989-09-01 82.7921
1989-10-01 82.2899
1989-11-01 82.2592
1989-12-01 82.0625
1990-01-01 81.7374
1990-02-01 82.7276
1990-03-01 82.9476
1990-04-01 82.3969
1990-05-01 82.4543
1990-06-01 82.5318
1990-07-01 82.1775
1990-08-01 82.3400
1990-09-01 82.0106
1990-10-01 81.3212
1990-11-01 80.1432
1990-12-01 79.3567
1991-01-01 78.7382
1991-02-01 77.9857
1991-03-01 77.2297
1991-04-01 77.4952
1991-05-01 77.8833
1991-06-01 78.5546
1991-07-01 78.9228
1991-08-01 78.9031
1991-09-01 79.6597
1991-10-01 79.5389
1991-11-01 79.2086
1991-12-01 78.7469
1992-01-01 78.0526
1992-02-01 78.6389
1992-03-01 79.3005
1992-04-01 79.5126
1992-05-01 79.7980
1992-06-01 79.8144
1992-07-01 80.3897
1992-08-01 79.7890
1992-09-01 79.6926
1992-10-01 79.8726
1992-11-01 79.9384
1992-12-01 79.7826
1993-01-01 80.4480
1993-02-01 80.5169
1993-03-01 80.2015
1993-04-01 80.4574
1993-05-01 80.2349
1993-06-01 80.0224
1993-07-01 80.1282
1993-08-01 79.7973
1993-09-01 80.2212
1993-10-01 80.7297
1993-11-01 80.9338
1993-12-01 81.3114
1994-01-01 81.1962
1994-02-01 81.1781
1994-03-01 81.9962
1994-04-01 82.3947
1994-05-01 82.5684
1994-06-01 82.5820
1994-07-01 82.6209
1994-08-01 83.0365
1994-09-01 83.0071
1994-10-01 83.4141
1994-11-01 83.7973
1994-12-01 84.4647
1995-01-01 84.3629
1995-02-01 83.9013
1995-03-01 83.7279
1995-04-01 83.0465
1995-05-01 82.9550
1995-06-01 82.9994
1995-07-01 82.1025
1995-08-01 82.6669
1995-09-01 82.9818
1995-10-01 82.4162
1995-11-01 82.1528
1995-12-01 81.9797
1996-01-01 80.9103
1996-02-01 81.6822
1996-03-01 81.1353
1996-04-01 81.8737
1996-05-01 82.1669
1996-06-01 82.5840
1996-07-01 82.4894
1996-08-01 82.4025
1996-09-01 82.6338
1996-10-01 82.0882
1996-11-01 82.4955
1996-12-01 82.8122
1997-01-01 82.4643
1997-02-01 83.0788
1997-03-01 83.3515
1997-04-01 82.6980
1997-05-01 82.6694
1997-06-01 82.6160
1997-07-01 82.7083
1997-08-01 83.1339
1997-09-01 83.2585
1997-10-01 83.4858
1997-11-01 83.7138
1997-12-01 83.5650
1998-01-01 83.6313
1998-02-01 83.2924
1998-03-01 82.6630
1998-04-01 82.5298
1998-05-01 82.5775
1998-06-01 81.3347
1998-07-01 80.3748
1998-08-01 81.9450
1998-09-01 81.2782
1998-10-01 81.4751
1998-11-01 81.0992
1998-12-01 81.0921
1999-01-01 80.7760
1999-02-01 80.9971
1999-03-01 80.4865
1999-04-01 80.2401
1999-05-01 80.5219
1999-06-01 79.8486
1999-07-01 79.6383
1999-08-01 79.9613
1999-09-01 79.3808
1999-10-01 80.2777
1999-11-01 80.4389
1999-12-01 80.6494
2000-01-01 80.1641
2000-02-01 79.9280
2000-03-01 80.0539
2000-04-01 80.1801
2000-05-01 79.7233
2000-06-01 79.5892
2000-07-01 79.2680
2000-08-01 78.4771
2000-09-01 78.6829
2000-10-01 78.1396
2000-11-01 77.6527
2000-12-01 76.9070
2001-01-01 76.5317
2001-02-01 75.9442
2001-03-01 75.6794
2001-04-01 75.3878
2001-05-01 74.9803
2001-06-01 74.5840
2001-07-01 74.2923
2001-08-01 73.9587
2001-09-01 73.5914
2001-10-01 73.2164
2001-11-01 72.9476
2001-12-01 72.9656
2002-01-01 73.5172
2002-02-01 73.3783
2002-03-01 73.8631
2002-04-01 74.0632
2002-05-01 74.4519
2002-06-01 75.1908
2002-07-01 75.0938
2002-08-01 75.1159
2002-09-01 75.1386
2002-10-01 74.9530
2002-11-01 75.3348
2002-12-01 74.8522
2003-01-01 75.4735
2003-02-01 75.2506
2003-03-01 75.2908
2003-04-01 74.6449
2003-05-01 74.5802
2003-06-01 74.8124
2003-07-01 74.9322
2003-08-01 74.4842
2003-09-01 75.0674
2003-10-01 75.0621
2003-11-01 75.6911
2003-12-01 75.6151
2004-01-01 75.4767
2004-02-01 76.0763
2004-03-01 76.0795
2004-04-01 76.4101
2004-05-01 77.0119
2004-06-01 76.5033
2004-07-01 77.2773
2004-08-01 77.6353
2004-09-01 77.6212
2004-10-01 78.3084
2004-11-01 78.2647
2004-12-01 78.8172
2005-01-01 79.1741
2005-02-01 79.7241
2005-03-01 79.1998
2005-04-01 79.3730
2005-05-01 79.4360
2005-06-01 79.4468
2005-07-01 78.9351
2005-08-01 79.1304
2005-09-01 77.9350
2005-10-01 78.8631
2005-11-01 79.4330
2005-12-01 79.3438
2006-01-01 79.8215
2006-02-01 79.3893
2006-03-01 79.2086
2006-04-01 79.3419
2006-05-01 78.9306
2006-06-01 78.9633
2006-07-01 78.5447
2006-08-01 78.9238
2006-09-01 78.7948
2006-10-01 78.2585
2006-11-01 78.1933
2006-12-01 79.2464
2007-01-01 78.8135
2007-02-01 78.8798
2007-03-01 79.2794
2007-04-01 79.5387
2007-05-01 79.4776
2007-06-01 79.8325
2007-07-01 79.7191
2007-08-01 79.3184
2007-09-01 79.3374
2007-10-01 78.9520
2007-11-01 79.1154
2007-12-01 79.0308
2008-01-01 78.7440
2008-02-01 77.9791
2008-03-01 77.4898
2008-04-01 76.6202
2008-05-01 76.0818
2008-06-01 75.5408
2008-07-01 74.8830
2008-08-01 73.9648
2008-09-01 71.3832
2008-10-01 71.1336
2008-11-01 69.5676
2008-12-01 67.4150
2009-01-01 65.2616
2009-02-01 65.2519
2009-03-01 64.0443
2009-04-01 63.6231
2009-05-01 62.9985
2009-06-01 62.9050
2009-07-01 64.0023
2009-08-01 64.8667
2009-09-01 65.6706
2009-10-01 65.8456
2009-11-01 66.6447
2009-12-01 66.7134
2010-01-01 67.4491
2010-02-01 67.4371
2010-03-01 68.3577
2010-04-01 69.0147
2010-05-01 70.0318
2010-06-01 70.1210
2010-07-01 70.6010
2010-08-01 70.8038
2010-09-01 70.9891
2010-10-01 71.1482
2010-11-01 71.3237
2010-12-01 71.7262
2011-01-01 71.8400
2011-02-01 72.0871
2011-03-01 72.6996
2011-04-01 72.4045
2011-05-01 72.4647
2011-06-01 72.6185
2011-07-01 73.1395
2011-08-01 73.4864
2011-09-01 73.7046
2011-10-01 74.1411
2011-11-01 73.9614
2011-12-01 74.4242
2012-01-01 75.0062
2012-02-01 75.2267
2012-03-01 74.7338
2012-04-01 75.0292
2012-05-01 74.6988
2012-06-01 74.8236
2012-07-01 74.6122
2012-08-01 74.4840
2012-09-01 74.2333
2012-10-01 74.0238
2012-11-01 74.4614
2012-12-01 74.9532
2013-01-01 74.7581
2013-02-01 75.0852
2013-03-01 74.9985
2013-04-01 74.7563
2013-05-01 74.9981
2013-06-01 75.2101
2013-07-01 74.5963
2013-08-01 75.2836
2013-09-01 75.3687
2013-10-01 75.5448
2013-11-01 75.5522
2013-12-01 75.4760
2014-01-01 74.7451
2014-02-01 75.4781
2014-03-01 76.1740
2014-04-01 76.2216
2014-05-01 76.4513
2014-06-01 76.7695
2014-07-01 77.1965
2014-08-01 76.7829
2014-09-01 76.8458
2014-10-01 76.8395
2014-11-01 77.4509
2014-12-01 77.3760
2015-01-01 77.0104
2015-02-01 76.5049
2015-03-01 76.8820
2015-04-01 76.9342
2015-05-01 77.0444
2015-06-01 76.8059
2015-07-01 77.4852
2015-08-01 77.2829
2015-09-01 77.0968
2015-10-01 76.9966
2015-11-01 76.8478
2015-12-01 76.6168
2016-01-01 76.9119
2016-02-01 76.6255
2016-03-01 76.5508
2016-04-01 76.4480
2016-05-01 76.3573
2016-06-01 76.5189
2016-07-01 76.5236
2016-08-01 76.1628
2016-09-01 76.2591
2016-10-01 76.2927
2016-11-01 76.2189
2016-12-01 76.2643
2017-01-01 76.4412
2017-02-01 76.4100
2017-03-01 76.1976
2017-04-01 77.1415
2017-05-01 77.1044
2017-06-01 77.2581
2017-07-01 77.0611
2017-08-01 77.0189
2017-09-01 77.1126
2017-10-01 78.0106
2017-11-01 78.1196
2017-12-01 77.9574
2018-01-01 77.7693
2018-02-01 78.5360
2018-03-01 78.5450
2018-04-01 79.1425
2018-05-01 78.5026
2018-06-01 79.0202
2018-07-01 79.0886
2018-08-01 79.2836
2018-09-01 79.3612
2018-10-01 79.0714
2018-11-01 78.9156
2018-12-01 79.2036
2019-01-01 78.4796
2019-02-01 78.0353
2019-03-01 77.8467
2019-04-01 77.3918
2019-05-01 77.4203
2019-06-01 77.7726
2019-07-01 77.2319
2019-08-01 77.7563
2019-09-01 77.1942
2019-10-01 76.5908
2019-11-01 77.2314
2019-12-01 77.3332
2020-01-01 77.1657
2020-02-01 77.3939
2020-03-01 73.7705
2020-04-01 62.2977
2020-05-01 65.1619
2020-06-01 70.4253
2020-07-01 73.1239
2020-08-01 74.3760
2020-09-01 74.4550
2020-10-01 75.2752
2020-11-01 75.7152
2020-12-01 76.3499
2021-01-01 77.1669
2021-02-01 74.0268
2021-03-01 76.4220
2021-04-01 76.5636
2021-05-01 77.4084
2021-06-01 77.4748
2021-07-01 78.2722
2021-08-01 77.8908
2021-09-01 76.9513
2021-10-01 78.0242
2021-11-01 78.4383
2021-12-01 78.2880
2022-01-01 77.5637
2022-02-01 77.9639
2022-03-01 78.3484
2022-04-01 78.2931
2022-05-01 77.9047
2022-06-01 77.4162
2022-07-01 77.4327
2022-08-01 77.3821
2022-09-01 77.3994
2022-10-01 77.6372
2022-11-01 77.0114
2022-12-01 75.6956
2023-01-01 77.0614
2023-02-01 77.0444
2023-03-01 76.5156
2023-04-01 77.1564
2023-05-01 76.9860
2023-06-01 76.4266
2023-07-01 76.6835
2023-08-01 76.6382
2023-09-01 76.6858
2023-10-01 76.2553
2023-11-01 76.5325
2023-12-01 76.4666
2024-01-01 75.2871
2024-02-01 76.2787
2024-03-01 76.3455
2024-04-01 75.8258
2024-05-01 76.2268
2024-06-01 76.0517
2024-07-01 75.3727
2024-08-01 75.6364
2024-09-01 75.1981
2024-10-01 74.6151
2024-11-01 74.7427
2024-12-01 74.9652
2025-01-01 74.5613
2025-02-01 75.4781
2025-03-01 75.7730
2025-04-01 75.6206
2025-05-01 75.4678
2025-06-01 75.6953
2025-07-01 75.8952
2025-08-01 75.8938
2025-09-01 75.8943
2025-10-01 75.5194
2025-11-01 75.4810

Back to Top