Harmonised Unemployment - Monthly Rates: Aged 25 and over: All Persons for the Euro Area (19 Countries)
Annual, Seasonally Adjusted
LRHUADTTEZA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.93
Year-over-Year Change
-33.68%
Date Range
1/1/1995 - 1/1/2022
Summary
This series measures the annual, seasonally adjusted capacity utilization rate for the U.S. total industry. It provides insight into the level of productive resources being utilized in the economy.
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 is an important economic indicator that reflects how much of a country's productive capacity is being used. It is closely watched by policymakers and analysts to assess inflationary pressures and make informed decisions.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
Capacity utilization trends are used to inform monetary and fiscal policy by central banks and governments.
Key Facts
- Capacity utilization rate was 79.0% in January 2023.
- The long-term average capacity utilization rate is around 80%.
- High capacity utilization can signal inflationary pressures in the economy.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, seasonally adjusted capacity utilization rate for the U.S. total industry, reflecting the level of productive resources being used.
Q: Why is this trend relevant for users or analysts?
A: Capacity utilization is a key economic indicator that provides insight into inflationary pressures and helps inform monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Capacity utilization trends are closely monitored by central banks and governments to assess the state of the economy and make informed policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRHUADTTEZA156S), retrieved from FRED.