In August 2024, the industrial production of the United States utilized 77.96 percent of its capacity. The capacity utilization, created by the Federal Reserve, is measured as a percentage of the relevant capacity index. In other words, it shows the degree to which an organization or industry is achieving its full production potential. An industry with a utilization rate of less than 100 percent can theoretically increase its production without incurring additional costs.
Monthly rate of capacity utilization in the United States from July 2019 to August 2024
(seasonally adjusted)
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Federal Reserve. (September 15, 2024). Monthly rate of capacity utilization in the United States from July 2019 to August 2024 (seasonally adjusted) [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1253690/us-monthly-rate-capacity-utilization/
Federal Reserve. "Monthly rate of capacity utilization in the United States from July 2019 to August 2024 (seasonally adjusted)." Chart. September 15, 2024. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1253690/us-monthly-rate-capacity-utilization/
Federal Reserve. (2024). Monthly rate of capacity utilization in the United States from July 2019 to August 2024 (seasonally adjusted). Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1253690/us-monthly-rate-capacity-utilization/
Federal Reserve. "Monthly Rate of Capacity Utilization in The United States from July 2019 to August 2024 (Seasonally Adjusted)." Statista, Statista Inc., 15 Sep 2024, https://www.statista.com/statistics/1253690/us-monthly-rate-capacity-utilization/
Federal Reserve, Monthly rate of capacity utilization in the United States from July 2019 to August 2024 (seasonally adjusted) Statista, https://www.statista.com/statistics/1253690/us-monthly-rate-capacity-utilization/ (last visited November 19, 2024)
Monthly rate of capacity utilization in the United States from July 2019 to August 2024 (seasonally adjusted) [Graph], Federal Reserve, September 15, 2024. [Online]. Available: https://www.statista.com/statistics/1253690/us-monthly-rate-capacity-utilization/