Capacity utilization rate in the United States increased to a five-month high of 79.7% in April of 2023 from 79.4% in March, matching market forecasts. Capacity utilization for manufacturing moved up 0.7 percentage point in April to 78.3%. The operating rate for mining rose 0.6 percentage point to 91.8%, while the operating rate for utilities fell 2.6 percentage points to 72.7%. The general capacity rate for April was equal to its long-run (1972–2022) average. The one for manufacturing is 0.1 percentage point above it, the rate for mining was 5.4 percentage points above its long-run average, while the rate for utilities remained well below its long-run average. source: Federal Reserve
Capacity Utilization in the United States averaged 80.09 percent from 1967 until 2023, reaching an all time high of 89.40 percent in January of 1967 and a record low of 64.60 percent in April of 2020. This page provides the latest reported value for - United States Capacity Utilization - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Capacity Utilization - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.
Capacity Utilization in the United States is expected to be 79.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.