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FEDERAL

RESERVE

statistical
E.5

release
For immediate release
January 22 , 1.971

CAPACITY UTILIZATION IN MANUFACTURING
Quarterly averages, seasonally adjusted

Year and
Quarter

Rate of capacity u t i l i z a t i o n
(per cent)
Total
manufacturing

Primary
processing
industries

Advanced
processing
industries

M a n u f a c t u r i n g output and
c a p a c i t y (1957-59 output = 100)
Output

Capacity

1965 I
II
III
IV

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
146d
148.9

160.1
162.7
165.3
167.9

1966 I
II
III
IV

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

1967 I
II
III
IV

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

1968 I
II
III
IV

85.0
85.1
84.2
84.2

85o7
86.9
84o9
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

1969 Ip
Up
Hip
IVp

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
211U6

1970 Ip
lip

79.8
78.0
76.2
72.3

83.1
81.2
80.1
76.5

77.5
75.6
73.4
69.2

170.5
168.7
166.6
159.9

214.3
217.0
219.7
222.4

IVp

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 July 1967, pp. 1096-98. The output 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--preliminary
r--revised