Federal Reserve Economic Data

Capacity Utilization: Total Index (CAPUTLB50001A)

2024: 77.6000
Updated: Feb 14, 2025 8:23 AM CST
2024:  77.6000  
2023:  78.9837  
2022:  80.6650  
2021:  77.6976  
2020:  72.9218  
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(a) Capacity Utilization: Total Index, Percent, Seasonally Adjusted (CAPUTLB50001A)

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    Capacity Utilization: Total Index
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    NOTES

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

    Release: G.17 Industrial Production and Capacity Utilization  

    Units:  Percent, Seasonally Adjusted

    Frequency:  Annual

    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.

    Suggested Citation:

    Board of Governors of the Federal Reserve System (US), Capacity Utilization: Total Index [CAPUTLB50001A], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CAPUTLB50001A, February 19, 2025.

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