Production: Manufacturing: Consumer Goods: Non-Durable Goods for Brazil
Quarterly, Seasonally Adjusted
PRMNCG03BRQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96.61
Year-over-Year Change
-2.75%
Date Range
1/1/1975 - 10/1/2018
Summary
This economic trend measures the quarterly, seasonally adjusted capacity utilization rate for manufacturing in the United States. It 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
The capacity utilization rate represents the ratio of actual output to potential output for the manufacturing sector. It provides insights into the efficiency and productivity of the U.S. industrial base, signaling potential inflationary pressures or slack in the economy.
Methodology
The data is collected through surveys of manufacturing facilities and calculated by the Federal Reserve.
Historical Context
Policymakers and analysts use this metric to assess the overall health of the manufacturing industry and broader economic conditions.
Key Facts
- The capacity utilization rate ranges from 0 to 100 percent.
- Higher utilization rates signal increased demand and potential inflationary pressures.
- Lower utilization rates indicate slack in the manufacturing sector and the broader economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted capacity utilization rate for the manufacturing sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: The capacity utilization rate provides insights into the efficiency and productivity of the U.S. industrial base, signaling potential inflationary pressures or slack in the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing facilities and calculated by the Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the overall health of the manufacturing industry and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Federal Reserve, with a typical delay of several weeks.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (PRMNCG03BRQ661S), retrieved from FRED.