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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