Federal Reserve Economic Data

Table Data - Capacity Utilization: Manufacturing (NAICS)

Title Capacity Utilization: Manufacturing (NAICS)
Series ID MCUMFN
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 1972-01-01 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
1972-01-01 81.3263
1972-02-01 81.7334
1972-03-01 82.0640
1972-04-01 82.7916
1972-05-01 82.7283
1972-06-01 82.7590
1972-07-01 82.5143
1972-08-01 83.4014
1972-09-01 83.7842
1972-10-01 84.7869
1972-11-01 85.6348
1972-12-01 86.5955
1973-01-01 86.9894
1973-02-01 88.0924
1973-03-01 87.9762
1973-04-01 87.5646
1973-05-01 87.8683
1973-06-01 87.6049
1973-07-01 87.6941
1973-08-01 87.1662
1973-09-01 87.5986
1973-10-01 88.1969
1973-11-01 88.5022
1973-12-01 88.2141
1974-01-01 87.1839
1974-02-01 86.5250
1974-03-01 86.2017
1974-04-01 85.5700
1974-05-01 85.9091
1974-06-01 85.7225
1974-07-01 85.4801
1974-08-01 84.4575
1974-09-01 84.3512
1974-10-01 83.5988
1974-11-01 80.8620
1974-12-01 76.9591
1975-01-01 75.1821
1975-02-01 72.9414
1975-03-01 71.7965
1975-04-01 71.7238
1975-05-01 71.4412
1975-06-01 71.9392
1975-07-01 72.8822
1975-08-01 73.5302
1975-09-01 74.6851
1975-10-01 74.9719
1975-11-01 74.9998
1975-12-01 75.9111
1976-01-01 76.6838
1976-02-01 77.7193
1976-03-01 77.7910
1976-04-01 78.0262
1976-05-01 78.2420
1976-06-01 78.1338
1976-07-01 78.5010
1976-08-01 78.7944
1976-09-01 78.8088
1976-10-01 78.4834
1976-11-01 79.3260
1976-12-01 79.9902
1977-01-01 79.4764
1977-02-01 80.7201
1977-03-01 81.6800
1977-04-01 82.2715
1977-05-01 82.7162
1977-06-01 83.2250
1977-07-01 82.9856
1977-08-01 83.1840
1977-09-01 82.9395
1977-10-01 82.8750
1977-11-01 82.8484
1977-12-01 83.5391
1978-01-01 81.9897
1978-02-01 82.0432
1978-03-01 83.2356
1978-04-01 84.3363
1978-05-01 84.4961
1978-06-01 84.8750
1978-07-01 84.5510
1978-08-01 84.7645
1978-09-01 84.9482
1978-10-01 85.2693
1978-11-01 85.8134
1978-12-01 86.1466
1979-01-01 85.2649
1979-02-01 85.2437
1979-03-01 85.4024
1979-04-01 83.6948
1979-05-01 84.6361
1979-06-01 84.4943
1979-07-01 84.3061
1979-08-01 82.9669
1979-09-01 82.8412
1979-10-01 83.1022
1979-11-01 82.5987
1979-12-01 82.6737
1980-01-01 82.9163
1980-02-01 82.6085
1980-03-01 81.7621
1980-04-01 79.8787
1980-05-01 77.2273
1980-06-01 75.8022
1980-07-01 74.7887
1980-08-01 75.1572
1980-09-01 76.2680
1980-10-01 77.5196
1980-11-01 78.7211
1980-12-01 78.8116
1981-01-01 78.2623
1981-02-01 77.6504
1981-03-01 77.6822
1981-04-01 77.8733
1981-05-01 78.0030
1981-06-01 77.3998
1981-07-01 77.3594
1981-08-01 77.1186
1981-09-01 76.5985
1981-10-01 75.6008
1981-11-01 74.4126
1981-12-01 72.9463
1982-01-01 70.9514
1982-02-01 72.8305
1982-03-01 72.1351
1982-04-01 71.4507
1982-05-01 71.1775
1982-06-01 70.9848
1982-07-01 70.7904
1982-08-01 69.9876
1982-09-01 69.7678
1982-10-01 68.7764
1982-11-01 68.2819
1982-12-01 68.0089
1983-01-01 69.5631
1983-02-01 69.4819
1983-03-01 70.1339
1983-04-01 70.9570
1983-05-01 71.7993
1983-06-01 72.3736
1983-07-01 73.4363
1983-08-01 74.0140
1983-09-01 75.3866
1983-10-01 76.1156
1983-11-01 76.4305
1983-12-01 76.6136
1984-01-01 77.9151
1984-02-01 78.6459
1984-03-01 78.8746
1984-04-01 79.1101
1984-05-01 79.2011
1984-06-01 79.3900
1984-07-01 79.5313
1984-08-01 79.4468
1984-09-01 78.9189
1984-10-01 79.1267
1984-11-01 79.1055
1984-12-01 79.0765
1985-01-01 78.6471
1985-02-01 78.0468
1985-03-01 78.4067
1985-04-01 77.8744
1985-05-01 77.8273
1985-06-01 77.6526
1985-07-01 77.1652
1985-08-01 77.3648
1985-09-01 77.2605
1985-10-01 77.0093
1985-11-01 77.4355
1985-12-01 77.5813
1986-01-01 78.4262
1986-02-01 77.9490
1986-03-01 77.6147
1986-04-01 77.7853
1986-05-01 77.7857
1986-06-01 77.4179
1986-07-01 77.7991
1986-08-01 77.9132
1986-09-01 78.0125
1986-10-01 78.1826
1986-11-01 78.3314
1986-12-01 78.9451
1987-01-01 78.4763
1987-02-01 79.4484
1987-03-01 79.2775
1987-04-01 79.5347
1987-05-01 79.8844
1987-06-01 79.9612
1987-07-01 80.3807
1987-08-01 80.6183
1987-09-01 81.0333
1987-10-01 82.1269
1987-11-01 82.4024
1987-12-01 82.8837
1988-01-01 82.5786
1988-02-01 82.8100
1988-03-01 83.0366
1988-04-01 83.7689
1988-05-01 83.5507
1988-06-01 83.7292
1988-07-01 83.6782
1988-08-01 83.7684
1988-09-01 83.9989
1988-10-01 84.2832
1988-11-01 84.5270
1988-12-01 84.8320
1989-01-01 85.4460
1989-02-01 84.4406
1989-03-01 84.1801
1989-04-01 84.1823
1989-05-01 83.2943
1989-06-01 83.2500
1989-07-01 82.0397
1989-08-01 82.6420
1989-09-01 82.2645
1989-10-01 81.8248
1989-11-01 81.7731
1989-12-01 81.5741
1990-01-01 81.2891
1990-02-01 82.2080
1990-03-01 82.4453
1990-04-01 81.8914
1990-05-01 81.9465
1990-06-01 82.0299
1990-07-01 81.6588
1990-08-01 81.7904
1990-09-01 81.5324
1990-10-01 80.8739
1990-11-01 79.7574
1990-12-01 78.9660
1991-01-01 78.3785
1991-02-01 77.7074
1991-03-01 77.0762
1991-04-01 77.3401
1991-05-01 77.7655
1991-06-01 78.4582
1991-07-01 78.8209
1991-08-01 78.7857
1991-09-01 79.5100
1991-10-01 79.3369
1991-11-01 79.0308
1991-12-01 78.6833
1992-01-01 78.0844
1992-02-01 78.6553
1992-03-01 79.3055
1992-04-01 79.5460
1992-05-01 79.8013
1992-06-01 79.8363
1992-07-01 80.3727
1992-08-01 79.7793
1992-09-01 79.7097
1992-10-01 79.9935
1992-11-01 80.1160
1992-12-01 79.8775
1993-01-01 80.4289
1993-02-01 80.4847
1993-03-01 80.1790
1993-04-01 80.4439
1993-05-01 80.2365
1993-06-01 79.9618
1993-07-01 80.0460
1993-08-01 79.7781
1993-09-01 80.2291
1993-10-01 80.7528
1993-11-01 80.9450
1993-12-01 81.3040
1994-01-01 81.1710
1994-02-01 81.0779
1994-03-01 81.9404
1994-04-01 82.4288
1994-05-01 82.7008
1994-06-01 82.7110
1994-07-01 82.7866
1994-08-01 83.1704
1994-09-01 83.1894
1994-10-01 83.7073
1994-11-01 84.0780
1994-12-01 84.7029
1995-01-01 84.4997
1995-02-01 83.9407
1995-03-01 83.8319
1995-04-01 83.2477
1995-05-01 83.1848
1995-06-01 83.1979
1995-07-01 82.2668
1995-08-01 82.8730
1995-09-01 83.2199
1995-10-01 82.7187
1995-11-01 82.3841
1995-12-01 82.2690
1996-01-01 81.2588
1996-02-01 82.0193
1996-03-01 81.3610
1996-04-01 81.9023
1996-05-01 82.0839
1996-06-01 82.4435
1996-07-01 82.3587
1996-08-01 82.2579
1996-09-01 82.4841
1996-10-01 81.9411
1996-11-01 82.2297
1996-12-01 82.4586
1997-01-01 82.0669
1997-02-01 82.7319
1997-03-01 83.0964
1997-04-01 82.5301
1997-05-01 82.6165
1997-06-01 82.6025
1997-07-01 82.6718
1997-08-01 83.1577
1997-09-01 83.2991
1997-10-01 83.4256
1997-11-01 83.6654
1997-12-01 83.4672
1998-01-01 83.5119
1998-02-01 82.9694
1998-03-01 82.1658
1998-04-01 81.9098
1998-05-01 81.7718
1998-06-01 80.5544
1998-07-01 79.6320
1998-08-01 81.1967
1998-09-01 80.6900
1998-10-01 80.9323
1998-11-01 80.6126
1998-12-01 80.7039
1999-01-01 80.5411
1999-02-01 80.9135
1999-03-01 80.5142
1999-04-01 80.4615
1999-05-01 80.7769
1999-06-01 80.2235
1999-07-01 80.2460
1999-08-01 80.2934
1999-09-01 79.5853
1999-10-01 80.3954
1999-11-01 80.5533
1999-12-01 80.7751
2000-01-01 80.4566
2000-02-01 80.3117
2000-03-01 80.5056
2000-04-01 80.6860
2000-05-01 80.3851
2000-06-01 80.1650
2000-07-01 79.9203
2000-08-01 79.1048
2000-09-01 79.2101
2000-10-01 78.6355
2000-11-01 78.1248
2000-12-01 77.3581
2001-01-01 76.7860
2001-02-01 76.0676
2001-03-01 75.6574
2001-04-01 75.0576
2001-05-01 74.3599
2001-06-01 73.6743
2001-07-01 73.0168
2001-08-01 72.5684
2001-09-01 72.1084
2001-10-01 71.6482
2001-11-01 71.2675
2001-12-01 71.2844
2002-01-01 71.6773
2002-02-01 71.6304
2002-03-01 72.1017
2002-04-01 72.3014
2002-05-01 72.6470
2002-06-01 73.3658
2002-07-01 73.2563
2002-08-01 73.3176
2002-09-01 73.3689
2002-10-01 73.1681
2002-11-01 73.5668
2002-12-01 73.0570
2003-01-01 73.7116
2003-02-01 73.6196
2003-03-01 73.7250
2003-04-01 73.2311
2003-05-01 73.2797
2003-06-01 73.6297
2003-07-01 73.9182
2003-08-01 73.6423
2003-09-01 74.3034
2003-10-01 74.3747
2003-11-01 75.0747
2003-12-01 75.0148
2004-01-01 74.9678
2004-02-01 75.5466
2004-03-01 75.5405
2004-04-01 75.7890
2004-05-01 76.3573
2004-06-01 75.7860
2004-07-01 76.4606
2004-08-01 76.7794
2004-09-01 76.8286
2004-10-01 77.5592
2004-11-01 77.4826
2004-12-01 78.0452
2005-01-01 78.4350
2005-02-01 79.0327
2005-03-01 78.5127
2005-04-01 78.6962
2005-05-01 78.7294
2005-06-01 78.7768
2005-07-01 78.3186
2005-08-01 78.5603
2005-09-01 77.4800
2005-10-01 78.4707
2005-11-01 79.0556
2005-12-01 79.0069
2006-01-01 79.4643
2006-02-01 79.0794
2006-03-01 78.8769
2006-04-01 79.0167
2006-05-01 78.6997
2006-06-01 78.8103
2006-07-01 78.4505
2006-08-01 78.9204
2006-09-01 78.8536
2006-10-01 78.3077
2006-11-01 78.2181
2006-12-01 79.2287
2007-01-01 78.7671
2007-02-01 78.8272
2007-03-01 79.3171
2007-04-01 79.6259
2007-05-01 79.4375
2007-06-01 79.5925
2007-07-01 79.4648
2007-08-01 79.1076
2007-09-01 79.2064
2007-10-01 78.9737
2007-11-01 79.2783
2007-12-01 79.2943
2008-01-01 79.0333
2008-02-01 78.3808
2008-03-01 78.0497
2008-04-01 77.2828
2008-05-01 76.8707
2008-06-01 76.3794
2008-07-01 75.6664
2008-08-01 74.7397
2008-09-01 72.1116
2008-10-01 71.7634
2008-11-01 70.0180
2008-12-01 67.6929
2009-01-01 65.5516
2009-02-01 65.6396
2009-03-01 64.5874
2009-04-01 64.2313
2009-05-01 63.6299
2009-06-01 63.5164
2009-07-01 64.6551
2009-08-01 65.5019
2009-09-01 66.3037
2009-10-01 66.4538
2009-11-01 67.2763
2009-12-01 67.3247
2010-01-01 68.2023
2010-02-01 68.3351
2010-03-01 69.3304
2010-04-01 70.0368
2010-05-01 71.0454
2010-06-01 71.1019
2010-07-01 71.5936
2010-08-01 71.8344
2010-09-01 72.0183
2010-10-01 72.1350
2010-11-01 72.3198
2010-12-01 72.7705
2011-01-01 72.9112
2011-02-01 73.1221
2011-03-01 73.6631
2011-04-01 73.2825
2011-05-01 73.2916
2011-06-01 73.4003
2011-07-01 73.8092
2011-08-01 74.1481
2011-09-01 74.2838
2011-10-01 74.6215
2011-11-01 74.3844
2011-12-01 74.7916
2012-01-01 75.3764
2012-02-01 75.6042
2012-03-01 75.1074
2012-04-01 75.4125
2012-05-01 75.1177
2012-06-01 75.2903
2012-07-01 75.0722
2012-08-01 74.8803
2012-09-01 74.6507
2012-10-01 74.4800
2012-11-01 74.8470
2012-12-01 75.3132
2013-01-01 75.1177
2013-02-01 75.4223
2013-03-01 75.3358
2013-04-01 75.0860
2013-05-01 75.2806
2013-06-01 75.4822
2013-07-01 74.8373
2013-08-01 75.4739
2013-09-01 75.5084
2013-10-01 75.7055
2013-11-01 75.7266
2013-12-01 75.6078
2014-01-01 74.8402
2014-02-01 75.5779
2014-03-01 76.2934
2014-04-01 76.3460
2014-05-01 76.5986
2014-06-01 76.9097
2014-07-01 77.3389
2014-08-01 76.9592
2014-09-01 77.0673
2014-10-01 77.0830
2014-11-01 77.7121
2014-12-01 77.6425
2015-01-01 77.2673
2015-02-01 76.7788
2015-03-01 77.1070
2015-04-01 77.1680
2015-05-01 77.2543
2015-06-01 77.0019
2015-07-01 77.6092
2015-08-01 77.4038
2015-09-01 77.2334
2015-10-01 77.1073
2015-11-01 76.8788
2015-12-01 76.6535
2016-01-01 76.9479
2016-02-01 76.6505
2016-03-01 76.5647
2016-04-01 76.4303
2016-05-01 76.3181
2016-06-01 76.4670
2016-07-01 76.4489
2016-08-01 76.0902
2016-09-01 76.2173
2016-10-01 76.2794
2016-11-01 76.1979
2016-12-01 76.2277
2017-01-01 76.3856
2017-02-01 76.3458
2017-03-01 76.1600
2017-04-01 77.1705
2017-05-01 77.1223
2017-06-01 77.2492
2017-07-01 77.0437
2017-08-01 77.0086
2017-09-01 77.1335
2017-10-01 78.0404
2017-11-01 78.1803
2017-12-01 78.0446
2018-01-01 77.8575
2018-02-01 78.5845
2018-03-01 78.5797
2018-04-01 79.1923
2018-05-01 78.5703
2018-06-01 79.1408
2018-07-01 79.1885
2018-08-01 79.3649
2018-09-01 79.3896
2018-10-01 79.0829
2018-11-01 78.8728
2018-12-01 79.1512
2019-01-01 78.4546
2019-02-01 77.9977
2019-03-01 77.8167
2019-04-01 77.3266
2019-05-01 77.3386
2019-06-01 77.6484
2019-07-01 77.1189
2019-08-01 77.6535
2019-09-01 77.0507
2019-10-01 76.4496
2019-11-01 77.1244
2019-12-01 77.2053
2020-01-01 76.9774
2020-02-01 77.2033
2020-03-01 73.7668
2020-04-01 62.4754
2020-05-01 65.3154
2020-06-01 70.5106
2020-07-01 73.1726
2020-08-01 74.2964
2020-09-01 74.3524
2020-10-01 75.1925
2020-11-01 75.6805
2020-12-01 76.3540
2021-01-01 77.1699
2021-02-01 74.0286
2021-03-01 76.4058
2021-04-01 76.6281
2021-05-01 77.5117
2021-06-01 77.5594
2021-07-01 78.2805
2021-08-01 77.8379
2021-09-01 76.8940
2021-10-01 77.9803
2021-11-01 78.4390
2021-12-01 78.3404
2022-01-01 77.5850
2022-02-01 78.0262
2022-03-01 78.3705
2022-04-01 78.3191
2022-05-01 77.9575
2022-06-01 77.5150
2022-07-01 77.5659
2022-08-01 77.5335
2022-09-01 77.5079
2022-10-01 77.6805
2022-11-01 77.0373
2022-12-01 75.6673
2023-01-01 76.9659
2023-02-01 76.9753
2023-03-01 76.4495
2023-04-01 77.1414
2023-05-01 76.9659
2023-06-01 76.3980
2023-07-01 76.6640
2023-08-01 76.5909
2023-09-01 76.5797
2023-10-01 76.1299
2023-11-01 76.4498
2023-12-01 76.4022
2024-01-01 75.1799
2024-02-01 76.0838
2024-03-01 76.1421
2024-04-01 75.6821
2024-05-01 76.0561
2024-06-01 75.8650
2024-07-01 75.2171
2024-08-01 75.5198
2024-09-01 75.0416
2024-10-01 74.4805
2024-11-01 74.6357
2024-12-01 74.9036
2025-01-01 74.5360
2025-02-01 75.3898
2025-03-01 75.6543
2025-04-01 75.5341
2025-05-01 75.3930
2025-06-01 75.5712
2025-07-01 75.8081
2025-08-01 75.7333
2025-09-01 75.6881
2025-10-01 75.3296
2025-11-01 75.2694

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