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FEDERAL
statistical

RESERVE
release
For immediate release:
July 17, 1974

E.5

CAPACITY UTILIZATION IN MANUFACTURING
Quarterly averages, seasonally adjusted

Year and
Quarter
Total
manufacturing

Capacity
Utilization
(per cent)
Primary
processing

Manufacturing Output
and Capacity
(1967 production = 100
Advanced
processing

Output

Capacity

75.0
78.6
83.0

79.3
84.6
89.7

72.7
75.4
79.4

105.2
114.0
125.1

140.3
145.0
150.7

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

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 Ipr
Ilpr
Illpr
IVpr

82.8
83.3
83.3
82.6

89.6
90.1
90.0
89.0

79.1
79.7
79.7
79.2

122.5
124.8
126 2
126.7

148.0
149.8
151.6
153.4

1974 Ip

80.5
80.1

87.3
86.6

76.9
76.7

124.8
125.4

155.0
156 4

1971
1972
1973
1971 I

II
III
IV
1972 I

II
III
IV

HP

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.
Current data for major materials utilization appear in FRB Statistical Release
G.12 .3
p--preliminary




r--revised