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FEDERAL RESERVE statistical release For immediate release August 13, 1982 G.3 (402) CAPACITY UTILIZATION: MANUFACTURING AND MATERIALS July 1982 The manufacturing operating rate decreased 0.2 percentage point in July to 69.5 percent of capacity and the rate for industrial materials production edged down 0.1 percentage point to 6-8.8 percent. These were smaller declines than in recent months. The materials rate in July was below its March 1975 low of 69,4 percent of capacity, while the manufacturing rate remained slightly above its low of 69*0 percent in March 1975. Within manufacturing, the utilization rate for the advanced processing industries decreased 0.2 percentage point in July to 71.6 percent, and the rate for primary processing industries decreased 0.1 percentage point to 65.6 percent. The operating rate for producers of nonelectrical machinery dropped substantially, while rates for several industries declined more moderately. Utilization rates rose for producers of motor vehicles and parts, and petroleum products. Producers of durable goods materials utilized 63.5 percent of their capacity in July, down 0.4 percentage point from June as operating rates continued to decline for metal mining and for the production of parts for equipment. The utilization rate for nondurable goods materials production decreased 0.1 percentage point to 71.6 percent in July, while the rate for energy materials production rose, 0.6 percentage point to 80.1 percent. MANUFACTURING INDUSTRIAL MATERIALS PERCENT 100 ENERGY TOTAL 80 I I I I I I I I I 60 100 NONDURABLE GOODS PRIMARY PROCESSING 80 60 1970 1973 1976 1979 1982 1973 1976 1979 1982 OUTPUT, CAPACITY AND CAPACITY UTILIZATION Output and Capacity are Percentages of 1967 Output; Capacity Utilization is a Per Cent of Capacity. Seasonally Adjusted Manufacturing HOHIHLY CAPACITY 0IILIZA2IOK SERIES I 1973| \ flXGfll i 1 | 88.0J iI 1 1 I 9 3 . SJ aAHUfACJOJRIHG, TOTAL PBIflABY PBOCESSIB6 85.5] AJIVAHCBD PBOCESSIBG 1975 | 1981 , MM \ JULY AUG. SEP. OCX. MOV. 79.8 75.6 78.3 76.6 74.8 69.0 71.1 XUkB. 72.2 71.6 . *?*» BAY J0BB JOLI 70.8 70.2 69.7 .69.5 68.2 80.1 79.9 78.2 35.3 72.7 69.6| 68.5 70.0 68.6 67.2 66.0 65.7 65.6 69.4 79.8 79.4 38.3 ,77.0. 75*8 75.01 72.8 73.6 93.2 72.6 72.5 71.8 71-6 CAPACITY 0U2PUT Ill 152.4 152.5 j 145.0] 139.8 I PBIBAB? PBOCESSIMG 156.5 155.8 143.51 137.1 III 4 137.9J 190.9 1 1 132.1I 195.0 ADVANCED PBOCBSSIBG 150.2 150.7 145.81 141.6 140.91 188.7 flAHOFACTOBXKG, TOTAL 73. 1| FEB. 1 4 1981 II J 1 1982 DEC-1 , JAM, 1982 . . I, IV. 1981 .11 192.4 196.3 190.4 0IILI2AIIOH 1982 I 4 1 JIJ 193.91 195.2 1 4 197.54 198.6 196.44 J 4 199.54 79.8 179.3 80.3 79.4 192.0« 193.5 .I 194.94 .J 79.6 79.2 JLLI If. 1981 1982 - Ill I? 4 74.84 J I 72.74 75. 9 J I 71.6 7X>.2 69.3 £6*3 73-2 7.2.3 Industrial Materials 4OHTBLY CAPACITY 0SILX2A3IOH SEflJBS BATEBIALS, TOTAL DUBABLB GOODS BA2BBIALS ' 19734 HIGH* it975 j 1963 101 i JULY AtfG. SBP. 0C£. 80V. 4 DBC.J 1982 JAB. ilAfi. APJ3. JCBB ,JOLY 92.64 4 i 91.54 69.4 81.6 80.0 .7.7.7 75.5 72.4) 71.4 72.9 71.8 70.5 69.5 68.S 68.8 72.2 4 4 68.54 66.2 67.4 66.4 65-0 64.2 63.9 .63.5 98. 31 I 65. 8 64.7 61.1 56.2 53.5 51.9 63.6 81.9 79.4 79.3 77.3 74.7 • 68.6 79.5 83.0 79.3 73.9 70.6 SOSDOBABLE GOODS BA2B&IALS , 1 94.54 67.2 83.9 83.0 82.9 .80.-3 77.3 T B X . # PAPEfi, & CBBfl. BAT. , 95.1| 65.3 83.2 82.3 82.1 79.3 75.9 92.6| 99.44 95.54 82.0 57.9 /72.4 | 92.9 64.2 8(1.2 82.3 93.6 79.7- 81.3 95.7 79.2 78.8 92.1 76.2 94. 6 J 84.8 85.6 83.0 82.5 BBSAL BA2BBIALS TEXTILE BATBBIALS PAPBB BASBBXALS CBBBICAL BATBBIALS EHBBGY BASBBIALS 86.2 1 O0TP0T 1982 1981 BASBBIALS, TOTAL DUBABLB GOODS BATBBIALS 4 344.04 it 38.7 4 134.84 189.Q 4 190.3 152.3 152.8 140.24 130.9 127.14 192.9 194.2 114.2 90.9 76.74 141.7 4 • •57.61 209.2 141.9 T B X . , PAP KB, 6 CBBB. BAT. TEXTILE BAXBBIJLS PAPBB BATBBIALS CBBBICAL BATBA1ALS i 99.54 4 185.9 182.8 164.51 161.0 • 169.44 364.5 114.5 151.0 115.5 152.2 224.9 178.4 231.6 175.8 BOTB: 125. 3 1311.6 76-5 75.3 74.4 72.8 7fi.7 71.6 74.4 13.7 72.5 70.8 69.4 68.9 68.6 87.6 69.4 71.9 90.7 74.3 73.5 69.4 70*2 73.4 87.4 69.0 72.3 86.0 67.1 85.5 65.2 83.7 83.2 81.8 80.2 80.4 79*5 213.2 4 193.54 492.6 4 4 195.31 196.4 • 142.14 142.3 4 213.11J 234.6 • 4 I £0.1 0IXLJ.ZAXXOB 3981 T* 8982 1 J XI 84«4 75.24 72.0 69.6 78.9 7a-7 4 4 71.84 66.7 64.4 142.41 79.6 80.5 1 216. u• 70.14 4 63.9 85.3 83^3 77.21 75.0 73.0 70.8 TT TJT 1 193.74 4 8A.2 197.31 JJL1 1 1*0.*9| 219.4 221.7 2 2 3 . 9 | 225.6 227.31 84.8 82.5 75.74 72.9 106.84 a o i . 3 147.04 146.3 206.21 200.0 10,2.7! 140.6 142.11 160.7 194.3| 277.5 1 141.0 161.9 281.0 142.1 363.8 287.3 142.4f 464.64 289.64 81.4 93.9 83.5 81.8 94.4 80.0 75.44 90.34 72.54 4 71.3 89.2 69.6 427.94 129.8 j 125.54 454.3 155-0 141.61 J62.84 284.41 4 4 155.84 i 156.5 157.0] j 81.1 84.9 82.14 1 82.9 1 SBBBGT BATBBIALS 13.2 70.7 4962 2 1981 154-3 i BOBDOBABLB GOODS BATBBIALS j 72.2J I 72.0J 75.5 92.3 86.54 7Z.4 69.01 1 4 82.2 81.64 i CAPACITY 153.4 112.8 BBTAL BAZBBIALS 4 1 65.5J 4 4 74.14 1 ^3.9 BSTJBATBS Of ACTOAL OOTPOT ABD CAPACITY O0TP0T ABB BOTH BXP£BSSBD AS PBBCBBTAGBS Of 4967 ACTUAL O0XP0I. BSSIBA1BS Of CAPACITY 0TILI2ATIOH I B PSBCSBT ABB CALCOLATBD AS BAIIOS 0 7 OI TUB 22DSBAL J2BSBfl¥B'S SBASOBALIY ADJflSSBD I ID B U S QS I 1 D 0 S TBIAL PBODOCTIOB TO (2) THE COBBBSPOBDIBG IHDBXBS Of CAPACITY. IBDOSSBXAL BATBB1ALS ABI ITBBS BOXB P£OJ>OC£J> ABD OS ED AS IUPOTS BY BABDfACTDBIMG PLABTS, BIBBS AMD CTXLIIJES; JMDOSSBIAL BATBBIALS CCVBB BABY Of TBE XTBBS BBPBBSBBTBD I B 2BB PBIBA.BY PBOCBSSIBG GBOOPJBG Of HAM OF ACfOBIBG AS SELL AS SOBB Ot SBB O0SP0S Of BIBBS ABD OXILXTISS — SOCfl AS IBQB OBB# CMODB O I L , AU> ELECTBICI11 SOLD TO IBDOSTBY. TBB 1 9 7 3 HIGHS ABD 1 9 7 5 UOUS IV CAPACITY OTILI2ATIOB4r SBOBB I B SBB TABLES ABOVE, AAE SPECIFIC 1 0 EACH SBBIBS ABD BAY QCC0M I I DIffBiBBBT BOfiTBS. IHDOSTBIAL PLABTS OSOALLY OPBBATB AT CAPACITY a S I U Z A I I O B BASBS THAT ABB HELL BE2.0I 8 0 0 PEflCEMTi BOBB CI TBB BBOAD AGGBBGATB SBBIBS BAS BVBfi IBDICATBD A 1 0 0 PBBCBBX OSB O£ CAPACITY. CAPACITY 0TILI2A2IOB AASBS AflAAGBD ABOOT 83 P2BCBB2 fOB HABOJACTOBIBG filOB 1 9 5 5 THSOQGH 1 9 7 9 , ABD ABOUT 8 5 PBBCBBX fOB IBDOSTBIAL BASBBIAXS f O £ 4 9 6 7 IHBOOGH 1 9 7 9 . JH BABQJPACTU&ISG AS A MBOLB* USILIZATIOB BATBS AS SIGH AS 9 0 PBBCBBI HAVE BBBB JLXCBBDBD OBLY I B HABIIiSE. I B I PBAK AATBS G£ 0 1 1 LIZATIO1 IM 1 9 7 3 « ! 1 B ASSOCIATED IITH SIGBIflCAMI OJMhRD PBBSSUSB OB PBICBS. S3B BBTHODOLOGY AHD 2HE SBBIBS ABB DBSCSIBSD I B PJBJBAL BBS EBfE B&MMM Ql C* FACET I AJjg CAPACITY 07XXI2AS2Q1. BBVISBD DAX1 A£S fOUBD I S "CAPACITY UTILIZATION HAHCfACTUBIMG AND BA2BBIALS« JlhVAll t967—DECiiUBEE 1978.** BOTH POBLICATIOMS BAY BE £ E ~ TAXIED FHOfi PUBLICATIOXS SERVICES, B0&3D OF GOVEBHOBJS OF TBS SEDEBkL BBSEfiTB SISUBtt, &ASBIMG20B, D . C . 205^1
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