Capacity Utilization in the United States decreased to 78.8% in December of 2022, the lowest in a year, following a downwardly revised 79.4% in November and well below forecasts of 79.6%. Capacity utilization for manufacturing decreased 1.0 percentage point to 77.5%. The operating rate for mining fell 0.9 percentage point to 87.7%, while the operating rate for utilities jumped 2.7 percentage points to 76.8%. source: Federal Reserve

Capacity Utilization in the United States averaged 80.04 percent from 1967 until 2022, reaching an all time high of 89.39 percent in January of 1967 and a record low of 64.53 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 January of 2023.

Capacity Utilization in the United States is expected to be 79.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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United States Capacity Utilization



Calendar GMT Actual Previous Consensus TEForecast
2022-12-15 02:15 PM Nov 79.7% 79.9% 79.8% 79.7%
2023-01-18 02:15 PM Dec 78.8% 79.4% 79.6% 79.5%
2023-02-15 02:15 PM Jan 78.8%


Related Last Previous Unit Reference
Industrial Production Mom -0.70 -0.60 percent Dec 2022
Industrial Production 1.65 2.18 percent Dec 2022
Manufacturing Production -0.50 0.70 percent Dec 2022
Capacity Utilization 78.80 79.66 percent Dec 2022
Car Production 1.58 1.68 Million Units Dec 2022
Manufacturing Production MoM -1.30 -1.10 Percent Dec 2022
Mining Production 5.80 6.80 percent Dec 2022

United States Capacity Utilization
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).
Actual Previous Highest Lowest Dates Unit Frequency
78.80 79.66 89.39 64.53 1967 - 2022 percent Monthly
Seasonally Adjusted

News Stream
US Capacity Utilization Lowest in a Year
Capacity Utilization in the United States decreased to 78.8% in December of 2022, the lowest in a year, following a downwardly revised 79.4% in November and well below forecasts of 79.6%. Capacity utilization for manufacturing decreased 1.0 percentage point to 77.5%. The operating rate for mining fell 0.9 percentage point to 87.7%, while the operating rate for utilities jumped 2.7 percentage points to 76.8%.
2023-01-18
US Capacity Utilization at 4-Month Low
Capacity Utilization in the United States decreased to 79.9 percent in October from 80.1 percent in September of 2022. It is the lowest reading since June and below forecasts of 80.4 percent. Capacity utilization for manufacturing was unchanged at 79.5 percent. The operating rate for mining fell 0.5 percentage point to 88.4 percent, while the operating rate for utilities declined 1.2 percentage points to 72.1 percent.
2022-11-16
US Capacity Utilization Highest in 14-Years
Capacity utilization in the United States moved up 0.2 percentage points to 80.34 percent in September 2022, above market expectations of 80.0 percent and 0.7 percentage points above its long-run average. It is the highest rate since March 2008. Meanwhile, the capacity utilization rate for non-durable goods manufacturing increased to 82.1%, the highest since 1998.
2022-10-18