Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 64 Years for Hungary
Annual, Seasonally Adjusted
LRIN64TTHUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.40
Year-over-Year Change
-41.03%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted capacity utilization rate for the U.S. manufacturing sector. It provides important insights into the overall health and productivity of the manufacturing 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 capacity utilization rate tracks the percentage of total potential output that manufacturing plants are currently using. This metric is closely monitored by economists and policymakers as an indicator of economic growth, inflationary pressures, and the efficiency of industrial production.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing facilities.
Historical Context
Capacity utilization rates are a key input for monetary and fiscal policy decisions.
Key Facts
- The long-term average capacity utilization rate is around 80%.
- Rates below 75% typically indicate an economic slowdown.
- High utilization (above 85%) can signal inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted capacity utilization rate for the U.S. manufacturing sector, indicating the percentage of total potential output that plants are currently using.
Q: Why is this trend relevant for users or analysts?
A: The capacity utilization rate is a key indicator of the overall health and productivity of the manufacturing industry, providing insights into economic growth, inflationary pressures, and the efficiency of industrial production.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing facilities.
Q: How is this trend used in economic policy?
A: Capacity utilization rates are a key input for monetary and fiscal policy decisions, as they provide important information about the state of the manufacturing sector and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve with a typical delay of around a month.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRIN64TTHUA156S), retrieved from FRED.