Gross Domestic Product: Utilities (22) in Delaware
Quarterly, Seasonally Adjusted Annual Rate
DEUTILNQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,638.10
Year-over-Year Change
22.55%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (DEUTILNQGSP) measures the capacity utilization rate in the U.S. manufacturing, mining, and electric and gas utility industries. This key economic indicator helps policymakers and analysts assess the degree of slack or overheating in the industrial sector.
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 refers to the degree to which industrial production facilities are being used to meet demand. The DEUTILNQGSP series provides a comprehensive measure of the nation's industrial capacity usage, a crucial data point for monitoring economic health and inflation risks.
Methodology
The Federal Reserve collects production and capacity data from a sample of manufacturing, mining, and utility firms to calculate this seasonally adjusted, annualized rate.
Historical Context
Capacity utilization trends are closely watched by the Federal Reserve and other policymakers as a barometer of inflationary pressures and overall economic performance.
Key Facts
- Capacity utilization averages around 80% in a healthy economy.
- Rates above 85% signal potential overheating and inflation risks.
- Utilization below 75% indicates slack in the industrial sector.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (DEUTILNQGSP) measures the percentage of total available industrial production capacity that is currently being utilized in the U.S. manufacturing, mining, and utility sectors.
Q: Why is this trend relevant for users or analysts?
A: Capacity utilization is a crucial indicator of economic performance and inflationary pressures. High utilization rates signal potential overheating, while low rates point to slack in the industrial sector.
Q: How is this data collected or calculated?
A: The Federal Reserve collects production and capacity data from a sample of firms and calculates the seasonally adjusted, annualized capacity utilization rate.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions closely monitor capacity utilization as a gauge of industrial sector health and potential inflation risks, informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The capacity utilization data is published monthly with a lag of around one month. There may be revisions to previously reported figures as new data becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (DEUTILNQGSP), retrieved from FRED.