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FEDERAL

RESERVE

statistical
E.5

release
For immediate release
January 23, 1970

CAPACITY UTILIZATION IN MANUFACTURING
Quarterly averages, seasonally adjusted

Year and
Quarter

Rate of capacity utilization
(per cent)
Total
manufacturing

Primary
Advanced
processing processing
industries industries

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

Capacity

1964 I
II
III
IV

84.5
85.7
86.3
86.2

85.5
87.1
88.3
88.8

83.8
84.7
84.9
84.4

129.4
132.5
134.7
135.9

153.3
154.9
156.4
153.0

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
146.1
148.9

160.1
162.7
165.3
167.9

1966 I
11
III
IV

90.5
90.8
90.6
90.0

90.9
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
1 61 . 3

182.1
184.8
187.5
190.1

1968 Ir
Ilr
Illr
IVr

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

203.6
171.7
82.7
87.0
84.5
1969 Ip
206.3
82.2
173.9
87.8
84.5
lip
208.9
175.4
82.3
86.7
84.2
IIIp ,1r
212.2
172.4
79.0
85.6
81.8
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