Capacity Utilization: Total Index (TCU)


Apr 2023: 79.7038 (+ more)   Updated: May 16, 2023
Apr 2023:  79.7038  
Mar 2023:  79.4263  
Feb 2023:  79.4939  
Jan 2023:  79.5973  
Dec 2022:  78.9111  
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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;, May 31, 2023.

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