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Capacity Utilization: Mining, Quarrying, and Oil and Gas Extraction: Oil and Gas Extraction (NAICS = 211) (CAPUTLG211S)

Observation:

Apr 2024: 99.4045 (+ more)   Updated: May 16, 2024 8:31 AM CDT
Apr 2024:  99.4045  
Mar 2024:  99.6041  
Feb 2024:  101.3470  
Jan 2024:  97.4646  
Dec 2023:  102.4025  
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Units:

Percent of Capacity,
Seasonally Adjusted

Frequency:

Monthly

NOTES

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

Notes:

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

NAICS: 211

Source Code: CAPUTL.G211.S

Suggested Citation:

Board of Governors of the Federal Reserve System (US), Capacity Utilization: Mining, Quarrying, and Oil and Gas Extraction: Oil and Gas Extraction (NAICS = 211) [CAPUTLG211S], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CAPUTLG211S, May 20, 2024.

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