Production: Manufacturing: Investment Goods: Total for Austria
Annual, Seasonally Adjusted
PRMNVG01ATA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.21
Year-over-Year Change
55.22%
Date Range
1/1/1960 - 1/1/2022
Summary
This economic trend measures the annual, seasonally adjusted capacity utilization rate of the manufacturing sector in the United States. It is a key indicator of industrial productivity and economic health.
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 measures the extent to which industry is using its full productive capacity. It is an important metric for policymakers and analysts to gauge inflationary pressures, assess business cycle dynamics, and evaluate the efficiency of the manufacturing sector.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on survey responses from manufacturing facilities.
Historical Context
The capacity utilization rate informs monetary and fiscal policy decisions, as high or low levels can signal risks of inflation or recession.
Key Facts
- The long-term average capacity utilization rate is around 80%.
- Rates below 75% typically indicate an economic recession.
- High capacity 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 of the U.S. manufacturing sector, indicating the percentage of full productive capacity that is being utilized.
Q: Why is this trend relevant for users or analysts?
A: The capacity utilization rate is a key indicator of industrial productivity, efficiency, and economic health. It informs policy decisions and helps analysts assess inflationary pressures, business cycle dynamics, and manufacturing sector performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of manufacturing facilities and calculated as the ratio of actual output to full productive capacity.
Q: How is this trend used in economic policy?
A: The capacity utilization rate is closely monitored by policymakers, as high or low levels can signal risks of inflation or recession, informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The capacity utilization data is released monthly by the Federal Reserve with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (PRMNVG01ATA661S), retrieved from FRED.