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Capacity Utilization: Total Index (TCU)


Apr 2024: 78.3970 (+ more)   Updated: May 16, 2024 8:31 AM CDT
Apr 2024:  78.3970  
Mar 2024:  78.4879  
Feb 2024:  78.4842  
Jan 2024:  77.9346  
Dec 2023:  78.6358  
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Percent of Capacity,
Seasonally Adjusted




Source: Board of Governors of the Federal Reserve System (US)  

Release: G.17 Industrial Production and Capacity Utilization  

Units:  Percent of Capacity, Seasonally Adjusted

Frequency:  Monthly


For a given industry, the capacity utilization rate is equal to an output index 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.

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

Source Code: CAPUTL.B50001.S

Suggested Citation:

Board of Governors of the Federal Reserve System (US), Capacity Utilization: Total Index [TCU], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/TCU, June 15, 2024.

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