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FEDERAL

RESERVE

statistical

release

For immediate release
April 18, 1972

E.5

Corrected Copy
CAPACITY UTILIZATION IN MANUFACTURING
Quarterly averages, seasonally adjusted
Year and
Quarter
Total
manufacturing

Capacity
Manufacturing Output
Utilization
and capacity
(per cent)
(1967 product ion=100)
Advanced
Primary
process- processOutput
Capacity
ing
ing

1968
1969
1970r
1971

87.7
86.5
78.2
74.4

86.8
88.5
81.5
78.8

88.1
85.4
76.4
72.1

105.6
110.4
105.2
104.7

120.5
127.7
134.6
140.7

1968 I
II
III
IV

87.9
88.1
87.6
87.2

86.1
87.6
86.6
87.0

88.8
88.3.
88.2
87.3

103.5
105.3
106.3
107.3

117.9
119.6
121.3
123.0

1969 I r
II r
III r
IV r

87.7
87.1
86.9

87.1
86.2
85.8
82.5

109.5
110.4

84.3

88.6
88.7
88.9
87.7

124.9
126.8
128.7
130.5

1970 I pr
II pr
III pr
IVpr

80.7
79.7
78.2
74.1

83.5
82.4
81 .6
78.4

79.3
78.3
76.3
71.8

106.7
105.8
101.5

132.2
133 .8
135.3
136.9

1971 I pr
II pr
III pr
IV p

74.7
75.4
73.9

79.1
80.9
77.4

72.4
72.4
72.0

103 .5
105.5
104.5

138.4
139.9
141.4

73.8

77.9

71. 6c

105. 4c

142 9 c

1972 I p

74.5

79.2

71.9

107.4

144.1

111.8
110.1

106.7

Note—Based on data from Federal Reserve, McGraw-Hill Economics Department
and Department of Commerce. For description and back data, see Federal
Reserve Bulletin, November 1966, pp. 1605-15 and also October 1971. Capacity
and capacity utilization series were revised to utilize the 1967 base industrial production index in October, 1971
p—preliminary




r--revised