Gross Domestic Product: Management of Companies and Enterprises (55) in Maryland
Quarterly, Seasonally Adjusted Annual Rate
MDMNGCOENTPRNQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,662.40
Year-over-Year Change
22.84%
Date Range
1/1/2005 - 1/1/2025
Summary
This series measures quarterly U.S. manufacturing capacity utilization on a seasonally adjusted annual rate basis. It provides insight into the manufacturing sector's level of productive output compared to its total potential.
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 intensively industries are using their installed production capabilities. Analysts and policymakers monitor this metric to assess the manufacturing sector's efficiency and potential inflationary pressures.
Methodology
The data is collected through surveys of manufacturing facilities and calculated as a percentage of total potential output.
Historical Context
Capacity utilization trends are closely watched by the Federal Reserve and other economic institutions to inform policy decisions.
Key Facts
- Manufacturing capacity utilization averaged 78.3% in 2022.
- Capacity utilization reached a recent peak of 80.3% in March 2022.
- The series has a base year of 2012.
FAQs
Q: What does this economic trend measure?
A: This metric measures the percentage of total potential manufacturing output that is currently being produced on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Capacity utilization is an important gauge of manufacturing sector efficiency and can signal potential inflationary pressures as facilities approach full capacity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing facilities and calculated as a percentage of total potential output.
Q: How is this trend used in economic policy?
A: Capacity utilization is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The capacity utilization data is published on a quarterly basis with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (MDMNGCOENTPRNQGSP), retrieved from FRED.