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FEDERAL

RESERVE

statistical

release
For immediate release
July 25, 1969.

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

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
158.0

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
II
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
161.3

182.1
184.8
187.5
190.1

1968 Ip
lip
IIIp
IVp,r

84.9
84.8
84.0
84.2

85.5
86.5
84.6
85.6

84.4
83.6
83.5
83.2

163.6
165.6
166.5
169.0

192.8
195.5
198.2
200.9

1969

84.5
84.6

87.0
87.5

82.7
82.4

171.7
174.0

203.6
206.3

Ip,r
Up

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