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FEDERAL

RESERVE

statistical

release

E.5

For immediate release
July 21, 1971
CAPACITY UTILIZATION IN MANUFACTURING
Quarterly averages, seasonally adjusted

Year and
Quarter

Rate of capacity utilization
(per cent)
Total
manufacturing

Primary
processing
industries

Advanced
processing
industries

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

Capacity

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

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

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

IIIp
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
211.6

1970 Ip
IIP
IIIp
IVp

79.8
78.0
76.2
72 o4

83.1
81.2
80.1
76.7

77.5
75o6
73.4
69.3

170.5
168.7
166.6
160.2

214.3
217.0
219.7
222.4

1971 Ip,r
Up

73.1
73.2

77.7
79.0

69.8
69.1

163.4
165.0

224.8
227.0

1966 I

II
III
IV
1967 I

II
III
IV
1968 I

II
III
IV
1969 Ip

HP

Note—Based on data from Federal Reserve, McGraw-Hill Economics Department
and Department of Commerce0 For description and back data, see Federal Reserve
Bulletin, November 1966, pp 0 1605-15 and also July 1967, pp 0 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