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FEDERAL
statistical

RESERVE
release
For immediate release;
January 17, 1973

E.5
CAPACITY UTILIZATION IN MANUFACTURING
Quarterly averages, seasonally adjusted

Year and
Quarter
total
manufacturing

Capacity
Utilization
foer cent}
Primary
processing

Advanced
processing

Manufacturing Output
and capacity
(1967 oroduction = inni
Output

Capacity

1970
1971
1972
1973

78.3
75.0
78.6
83.0

81.5
79.3
84.6
89.8

76.5
72.7
75.4
79.4

105.3
105.2
114.0
125.1

134.6
140.3
145.0
150.7

1969 I
II
III
IV

87.7
87.1
86.9
84.3

88.6
88.7
88.9
87.7

87.1
86.2
85.8
82.5

109.5
110.4
111.8
110.1

124.9
126.7
128.6
130.5

1970 I
II
III
IV

80.8
79.8
78.3
74.2

83.5
82.4
81.7
78.5

79.3
78.4
76.5
71.9

106.8
106.8
105.9
101.6

132.2
133.8
135.3
136.9

1971 Ir
Ilr
Illr
IVr

75.0
75.6
74.7
74.6

79.4
81.1
78.0
78.6

72.7
72.7
72.9
72.4

103.8
105.6
105.3
106.1

138.3
139.6
141.0
142.3

1972 Ipr
Ilpr
Illpr
IVpr

75.6
77.9
79.4
81.5

80.8
83.5
85.9
88.3

72.9
74.9
75.9
77.8

108.5
112.5
115.5
119.4

143.5
144.5
145.5
146.6

1973 Ip
Up
IIIp
IVp

82.8
83.3
83.3
82.6

89.6
90.1
90.1
89.4

79.1
79.7
79.7
79.0

122.5
124.8
126.2
126.7

148.0
149.8
151.6
153.3

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