US Capacity Utilization Rate
It's a leading indicator of consumer inflation - when producers are nearing full capacity they respond by raising prices, and the higher costs are usually passed on to the consumer;
- US Capacity Utilization Rate Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
---|---|---|---|
Jan 17, 2025 | 77.6% | 77.0% | 77.0% |
Dec 17, 2024 | 76.8% | 77.3% | 77.0% |
Nov 15, 2024 | 77.1% | 77.1% | 77.4% |
Oct 17, 2024 | 77.5% | 77.9% | 77.8% |
Sep 17, 2024 | 78.0% | 77.9% | 77.4% |
Aug 15, 2024 | 77.8% | 78.5% | 78.4% |
Jul 17, 2024 | 78.8% | 78.5% | 78.3% |
Jun 18, 2024 | 78.7% | 78.6% | 78.2% |
-
- US Capacity Utilization Rate News
US industrial production jumped 0.9% month-on-month in December versus the 0.3% consensus while November's growth rate has been revised up to +0.2% MoM from an initially reported -0.1%. The component breakdown shows manufacturing grew 0.6% after an upwardly revised 0.4% in November with utilities output up 2.1% and mining up 1.8%. Hours worked in the goods producing sector had fallen 0.3% MoM according to last Friday's jobs report, which explains why economists had expected a weaker outcome, but the ISM report had suggested that new ...
Industrial production in the United States expanded by 0.9% in December compared to the previous month, the Federal Reserve's Board of Governors stated in its report published on Friday. Manufacturing output rose 0.6% compared to the month before and stood stable on an annual basis. Mining gained by 1.8% on a monthly basis, and by 0.3% year-over-year. Meanwhile, the utilities index climbed by 2.1% compared to the month prior and jumped 4.3% year on year. Capacity utilization for the total industrial sector stood at 77.6%, going up by ...
US industrial production unexpectedly declined for a third month in November on weaker utility output and mining. The 0.1% decrease in production at factories, mines and utilities followed a downwardly revised 0.4% drop a month earlier, Federal Reserve data showed Tuesday. The median estimate of Bloomberg survey of economists was for a 0.3% increase. Manufacturing output rose a disappointing 0.2% after a downwardly revised 0.7% slide a month earlier. Despite resolution of a machinists’ strike at Boeing Co., aerospace equipment output ...
Industrial production in the United States decreased by 0.1% in November compared to the previous month and by 0.9% compared to the same period in 2023, the Federal Reserve's Board of Governors revealed in its report on Tuesday. Manufacturing output advanced by 0.2% in the reported month compared to October but declined by 1% year on year. Mining dropped by 0.9% on a monthly basis and by 1.3% on an annual basis. Utilities fell by 1.3% compared to the prior month and by 0.1% compared to the same period in the previous year. Capacity ...
Industrial production in the United States observed a monthly decline of 0.3% in October, the Federal Reserve's Board of Governors said in its report released on Friday. Manufacturing output decreased by .05% in October compared to the previous month and 0.3% year-over-year. Mining climbed by 0.3% month-on-month but dropped 1.5% on an annual basis. Utilities advanced by 0.7% compared to September and 1.5% compared to October 2023. Capacity utilization fell to 77.1%, which is 2.6 percentage points below its long-run average. On an ...
Industrial production (IP) decreased 0.3% in September after advancing 0.3% in August, according to the Federal Reserve. A strike at a major producer of civilian aircraft held down total IP growth by an estimated 0.3% in September, and the effects of two hurricanes subtracted an estimated 0.3%. For the third quarter as a whole, industrial production declined at an annual rate of 0.6%. Manufacturing output moved down 0.4% in September, and the index for mining fell 0.6%. The index for utilities gained 0.7%. At 102.6% of its 2017 ...
From the Fed: Industrial Production and Capacity Utilization In August, industrial production rose 0.8 percent after falling 0.9 percent in July. Similarly, the output of manufacturing increased 0.9 percent in August after decreasing 0.7 percent during the previous month. This pattern was due in part to a recovery in the index of motor vehicles and parts, which jumped nearly 10 percent in August after dropping roughly 9 percent in July. The index for manufacturing excluding motor vehicles and parts moved up 0.3 percent in August. The ...
Industrial production fell 0.6% in July after increasing 0.3% in June, according to the Federal Reserve. Early July shutdowns concentrated in the petrochemical and related industries due to Hurricane Beryl held down the growth of industrial production by an estimated 0.3 percentage point. Manufacturing output stepped down 0.3% as the index for motor vehicles and parts fell nearly 8%; manufacturing excluding motor vehicles and parts rose 0.3%. The index for mining moved sideways while the index for utilities decreased 3.7%. At 102.9% ...
Released on Jan 17, 2025 |
---|
Released on Dec 17, 2024 |
---|
Released on Nov 15, 2024 |
---|
Released on Oct 17, 2024 |
---|
Released on Sep 17, 2024 |
---|
Released on Aug 15, 2024 |
---|
- Details