Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Czechia
Annual, Seasonally Adjusted
LRUNTTTTCZA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.60
Year-over-Year Change
-62.70%
Date Range
1/1/1998 - 1/1/2024
Summary
The Annual, Seasonally Adjusted economic trend measures the capacity utilization rate in the U.S. manufacturing sector. This metric is a key indicator of industrial production and economic activity.
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 tracks the percentage of total potential output that is being realized by manufacturing firms. It provides insight into the efficiency and productivity of the U.S. industrial base, which is crucial for understanding inflation pressures and business cycle dynamics.
Methodology
The Federal Reserve collects this data through surveys of manufacturing plants.
Historical Context
Capacity utilization is closely monitored by policymakers, analysts, and investors to gauge the overall health of the U.S. economy.
Key Facts
- The long-term average capacity utilization rate is around 80%.
- Utilization rates tend to peak late in economic expansions.
- Declining utilization signals a slowdown in industrial activity.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the percentage of total potential manufacturing output that is being utilized in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: Capacity utilization is a key indicator of the health and efficiency of the U.S. industrial base, providing insights into inflation pressures, business cycles, and overall economic conditions.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data through surveys of manufacturing plants across the country.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and investors closely monitor capacity utilization to assess the balance between supply and demand in the U.S. economy, informing decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The capacity utilization data is published monthly with a typical one-month lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUNTTTTCZA156S), retrieved from FRED.