United States Capacity Utilization

Last Release

Jun 30, 2024

Actual

78.8

Units In

78.3

Frequency

Monthly

Next Release

Aug 15, 2024

Time to Release

27 Days 23 Hours

Highest	Lowest	Average	Date Range	Source
89.4 Jan 1967	63.4 Apr 2020	79.95 %	1967-2024	Federal Reserve

Capacity utilization rate is used to measure the rate at which potential output levels are being met or used. The capacity indexes cover all facilities located in the United States, regardless of their ownership; and are constructed for 89 detailed industries (71 in manufacturing, 16 in mining, and 2 in utilities).

Latest Updates

Capacity utilization in the US rose to a nine-month high of 78.8% in June 2024, from a downwardly revised 78.3% in May, above forecasts of 78.4%. The rate is now 0.9 percentage points below its long-run average. Capacity utilization for manufacturing moved up to 0.3 percentage points 77.9%, a rate that is 0.4 percentage points below its long-run average. The operating rate for mining rose 0.3 percentage points to 89.3%, while the operating rate for utilities increased 1.8 percentage points to 73.8%. The rate for mining was 2.8 percentage points above its long-run average, while the rate for utilities remained substantially below its long-run average.