Current Account (Excludes Exceptional Financing), Net for Argentina
Annual
CUAEEFARA052N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,755,860,000.00
Year-over-Year Change
-199.79%
Date Range
1/1/1976 - 1/1/2008
Summary
The Annual Capacity Utilization for Total Industry tracks the degree to which productive capacity is used in the U.S. manufacturing, mining, and utilities sectors. It is a key indicator of economic health and industrial activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Capacity utilization measures the extent to which a firm or industry is utilizing its full productive capacity. The Annual series provides the average utilization rate over the entire year, rather than the monthly snapshots.
Methodology
The Federal Reserve collects survey data from manufacturing, mining, and utility companies to calculate the annual capacity utilization rate.
Historical Context
Capacity utilization data informs Federal Reserve monetary policy decisions and analysts' assessments of industrial output and investment.
Key Facts
- The long-term average capacity utilization rate is around 80%.
- Rates below 70% typically signal an economic recession.
- Sustained high utilization above 85% can lead to supply chain bottlenecks.
FAQs
Q: What does this economic trend measure?
A: The Annual Capacity Utilization for Total Industry measures the degree to which U.S. manufacturing, mining, and utilities sectors are utilizing their full productive capacity on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: Capacity utilization is a key indicator of industrial activity and economic health. High utilization rates suggest strong demand and potential for investment, while low rates signal underutilized capacity and recessionary conditions.
Q: How is this data collected or calculated?
A: The Federal Reserve collects survey data directly from companies in the manufacturing, mining, and utilities sectors to calculate the annual capacity utilization rate.
Q: How is this trend used in economic policy?
A: Capacity utilization data informs Federal Reserve decisions on monetary policy and also provides valuable insights for economists, investors, and policymakers assessing the state of the industrial economy.
Q: Are there update delays or limitations?
A: The annual capacity utilization data is released with a lag of several months, so it does not provide real-time information on current conditions.
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Citation
U.S. Federal Reserve, Annual Capacity Utilization for Total Industry (CUAEEFARA052N), retrieved from FRED.