Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Canada
Not Seasonally Adjusted
LCEAMN01CAQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129.09
Year-over-Year Change
10.76%
Date Range
1/1/1955 - 1/1/2025
Summary
This economic trend measures the not seasonally adjusted capacity utilization rate in the manufacturing sector of the Canadian economy. It provides insight into the overall health and production levels of Canadian industry.
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 not seasonally adjusted capacity utilization rate tracks the percentage of total potential manufacturing output that is actually being produced in Canada. It is an important indicator of economic conditions and can inform policy decisions.
Methodology
The data is calculated by Statistics Canada based on monthly surveys of Canadian manufacturing facilities.
Historical Context
This metric is closely watched by economists, policymakers, and market analysts to assess the strength of the Canadian industrial and manufacturing sectors.
Key Facts
- The all-time high for this metric was 90.4% in December 1999.
- Capacity utilization typically falls during economic downturns.
- Increased capacity utilization can signal rising inflation pressures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of total potential manufacturing output that is actually being produced in Canada on a not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The not seasonally adjusted capacity utilization rate provides insight into the overall health and production levels of the Canadian industrial and manufacturing sectors, which is important for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is calculated by Statistics Canada based on monthly surveys of Canadian manufacturing facilities.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this metric to assess the strength of the Canadian industrial sector and make informed decisions about economic policies.
Q: Are there update delays or limitations?
A: The not seasonally adjusted capacity utilization data is published monthly by Statistics Canada, with some potential for slight delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (LCEAMN01CAQ661N), retrieved from FRED.