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FEDERAL

RESERVE

statistical

7ef-

release

'^f^'
•IP-

E.5

For immediate release
April 22, 1970
CAPACITY UTILIZATION IN MANUFACTURING
Quarterly averages, seasonally adjusted

Year and
Quarter

Rate of capacity utilization
(per cent)
Total
manufacturing

1965 I

II
III
IV
1966 I

II
III
IV
1967 I

II
III
IV
1968 I

II
III
IV
1969 Ip

HP
IIIp
IVp,r

Primary
processing
industries

Advanced
processing
industries

Manufacturing output and
capacity (1957-59 output = 100
Output

Capacity

88.5
88.4
88.5
88.6

90.2
90.1
90.1
88.5

87.2
87.1
87.4
88.7

141.4
143.5
146.1
148.9

160.1
162.7
165.3
167.9

90.5
90.8
90.6
90.0

90.0
91.4
90.6
89.1

90.2
90.4
90.6
90.6

154.5
157.7
159.9
161.7

170.7
173.6
176.5
179.3

87.1
85.0
84.3
84.8

86.2
83.4
83.2
85.6

87.8
86.2
85.1
84.3

159.0
157.5
158.3
161.3

182.1
184.8
187.5
190.1

85.0
85.1
84.2
84.2

85.7
86.9
84.9
85.6

84.5
83.8
83.7
83.2

163.9
166.1
166.9
169.1

192.8
195.5
198.2
200.9

84.5
84.5
84.2
81.7

87.0
87.8
86.7
85.3

82.7
82.2
82.3
79.1

171.7
173.9
175.4
172.3

203.6
206.3
208.9
211.6

1970 Ip
79.4
82.3
77.4
169.8
214.3
Note--Based on data from Federal Reserve , McGraw-Hill Economics Department
s
and Department of Commerce. For description and back data, see Federal Reserve
Bulletin, November 1966 > PP- 1605-15 and also July 1967, pp . 1096-98. The outpul
index for total manufacturing divided by the capacity index for total manufacturing
may differ slightly from the utilization rate for total manufacturing shown in
the table, partly because of rounding and partly because the utilization rate is
calculated as a weighted average of utilization rates for primary processing
industries and advanced processing industries.
p--Pre1iminary
r--revised