Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for France
Monthly
FRAPROCONMISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.86
Year-over-Year Change
-1.96%
Date Range
1/1/1955 - 3/1/2024
Summary
The Monthly Production Capacity Utilization for Manufacturing, Mining, and Electric and Gas Utilities (FRAPROCONMISMEI) measures the percentage of capacity that U.S. industrial production facilities are using. This key economic indicator provides insights into the health and efficiency of the nation's 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
The Monthly Production Capacity Utilization series tracks the rate at which the nation's factories, mines, and utilities are operating compared to their full productive capacity. It serves as an important barometer of overall economic activity and can inform policy decisions.
Methodology
The Federal Reserve Board calculates this metric based on physical output data and engineering estimates of capacity.
Historical Context
Capacity utilization is widely monitored by economists, investors, and policymakers as it can signal inflationary pressures, capital investment needs, and the overall trajectory of the U.S. economy.
Key Facts
- Capacity utilization averaged 78.3% in 2022.
- The metric reached a recent high of 80.8% in March 2023.
- Capacity utilization bottomed at 64.4% in April 2020 during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Monthly Production Capacity Utilization metric tracks the percentage of total potential output that U.S. industrial facilities are actually producing.
Q: Why is this trend relevant for users or analysts?
A: Capacity utilization is a crucial indicator of overall economic conditions, as it reflects the efficiency and output of the nation's industrial base.
Q: How is this data collected or calculated?
A: The Federal Reserve Board calculates this metric based on physical production data and engineering estimates of each facility's maximum potential output.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor capacity utilization to gauge inflationary pressures, assess the need for capital investment, and understand the broader trajectory of the U.S. economy.
Q: Are there update delays or limitations?
A: The Federal Reserve publishes this series on a monthly basis, with a short lag of several weeks between the reference period and the data release.
Related Trends
Barro-Lee: Population age 25+ with tertiary schooling. Total (Incomplete and Completed Tertiary) for France
BARTERICMP25UPZSFRA
Harmonized Index of Consumer Prices: Insurance Connected with Health for France
CP1253FRM086NEST
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for France
PRINTO01FRQ661N
Infra-Annual Labor Statistics: Employment Rate Male: From 25 to 54 Years for France
LREM25MAFRQ156S
Harmonized Index of Consumer Prices: Sugar, Jam, Honey, Chocolate and Confectionery for France
CP0118FRM086NEST
Balance of Payments: Other Investment: Net (Assets Minus Liabilities) for France
FRAB6FAOI01NCCUQ
Citation
U.S. Federal Reserve, Monthly Production Capacity Utilization for Manufacturing, Mining, and Electric and Gas Utilities (FRAPROCONMISMEI), retrieved from FRED.