The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE statistical release
G.3 (402)
For immediate release
May 16, 1983
CAPACITY UTILIZATION: MANUFACTURING AND MATERIALS
April 1983
Capacity utilization rates for manufacturing and for industrial
materials production continued to rise in April, attaining their highest levels
since March 1982. The manufacturing rate increased 1.3 percentage points to 71.1
percent, following gains of 0.9 percentage point in March and 0.4 percentage point
in February. The materials rate was up 1.4 percentage points to 70.7 percent in
April, after having risen 1.0 percentage point in each of the preceding two months.
Within manufacturing, gains in operating rates were widespread
in April, and included sizable advances among industries that were especially hard
hit in the past few years. Capacity utilization rates for the primary and fabricated
metals industries continued to advance strongly, and operating rates for electrical
and nonelectrical machinery also posted sizable gains. The April rate for motor
vehicles and parts was up one percentage point to a little over 60 percent. The
operating rate for petroleum refining has risen more than 5 percentage points
since February, when it fell to a postwar low of about 63 percent.
Producers of durable goods materials utilized 65.7 percent of
capacity, up 1.8 percentage points as activity strengthened among producers of
metals, parts for equipment, and parts for consumer durables. The operating
rate for producers of nondurable materials rose 1.2. percentage points to 75.8
percent. After declining in February and March, the rate for energy materials
production increased 0.7 percentage point to 77.3 percent.
INDUSTRIAL MATERIALS
MANUFACTURING
PEBGENT
100
TOTAL
so
100
NONDURABLE GOODS
1971
1974
1977
1980
1983
1974
1977
1980
1983
OUTPUT, CAPACITY AND CAPACITY UTILIZATION
Output and Capacity are Percentages of 1967 Output; Capacity Utilization is a Per Cent of Capacity.
Seasonally Adjusted
Manufacturing
19731
S8B1BS
1
88.01
1
1
1 93*8|
fiAMUFACTUBIBG, TOTAL
PBIBABY PBOCBSSIBG
JSIB
JOLT
AOG. S I P .
OCT.
70.0
70.0
69.8
69.2
68.0
67.4
67.2
66.1
65.7
65.7
64.1
66. «
65.0
63.9
1
67.5| 68.5
1
ft
63.7| 66.0
6 9 . * i 7 a . <s
72.5
72.3
72.3
71.7
70.7
69.6
69.2
69.51
68.2
I 85.5|
1
i
ADVABCEO PBQCSSSIBG
BOBTHLY CAPACITY 0T1LIZATIOB
1982
I API.. flAJ
70.8
70.2
69.0
1975
O9YP0Y
1982
BABOFACTOBIBG, TOTAL
,. ,M
CAPACITY
I
1983|
II
IJU .... . 1 1 . .
I 139.8 138. 1
137.7
PBIBABY PBOCBSSIBG
I 137.1
132.3
132.4
ADVABCED PBOCBSSIBG
| 141.6
141.2
140.5
1982
I
Ii
III
I*
1
19838
;»
J
200.11
1
I
195.2
134.51 138.211
1
I
129.31 135.61 198.6
196.4
197.7
198.91
J
899.5
200.4
139.7J 193.5
194*9
196.2
201-31 202.3j
197.6| 199.0!
1
837.3]
1
1983
JAB
1
DEC
Win
J
I
1
70.0
van
BAB.
. APB-
68.9
69.8
71.1
67.4
67.8
69.5
70.0
70.6
71.9.
17
1983
I
8TILISATIQB
1982
I
II
III
71.6
70.3
69.7
67. 6 J
69.1
69.1
66.3
66.1
I
64.21
67*0
73.2
72.5
71.6
69.51 70.2
1
1
DEC.1.
j
1983
JA.B.
Industrial Materials
SEBISS
19731
{
1975
€~~
1982
fllf
JOIE
JULY
AUG., S^P.
per.
70.5
69.4
68.8
68.5
68.2
67.7
66.6
65.7
65.0
64.2
64.0
63.-7
63.1
61.9
59-6
58.4
65.21 67.3
i
1
58.41 60.8
52-4
L HIGJI_
SATBBl&LS* TOTAL
92.61 69.4
i«
91.51 63.6
i
SOBABLE GOODS BIT BRILLS
69.3
70.7
62.3
63.9
65.7
54. 1
57.9
68.6
56.2
53.9
52.2
50.7
51.2
51-9
48.6
45.5
1
4 6 . Og
1
94.51
67.2
74.4
72.5
70.9
70.2
71.0
72.8
72.5
78.9
1 72.7
71-01
73.9
74.6
75-8
i
P 1 P 1 S * S CflBJ. HAT. >
95.11
1
65.3
72.5
70.6
68.8
68.0
68.9
70.7
70.3
69.9
69.3|
70.8
72.6
73.2
74.2
73-0
89.9
66.0
74.1
89.9
68.4
76.3
89.0
69.0
77.5
76*9
76.6
77-3
1983
I
S 0 I M I 1 S L S GOODS SATEB1ALS
TEXXILB M1TS3I&LS
FAPEB BAXBB1ALS
CBBBICAI. BAT1BXALS
.
{
92.61
99. 4 j
95.51
I
j
BBBBGY EATBSX&LS
J1
11
III
138.7
134.7
132. 6
I 130.9
127.'1
124.7
flASBBZALS* TOTAL
®&'1&L HATEBIALS
i
90.9
77.0
156.8
BBBB6X l&SSIIM.S
| 131.-3
10US
i m£®
! 129. a
73.0
155.1
158.4
fAPEBtf & CMEH. B A T . | 164.5
TBXXI1B BAXBBIALS
PAF'BB BAXBBXAIS
CIBBICAI BAIBBXALS
I 80., .2
71.5
86.1
66.9
69.6
85.3
65.0
69.8
86.0
63.7
72.3
88.6
63.9
72.3
89.8
66.2
73.0
89.7
65.4
71.6
90.0
65.1
79.9
79.8
80.0
79.0
76.6
77-6
76-8
S
1983!
OUTPOf
1382
DOIABLE QQOBS H&TIBJ&LS
73.4
57.9
72.4 | 87.4
69.0
64.2
1
94*^1 84.8
JL_
j
f!X.*
PBB»
68.3
I
BST1L BkTEBlkLS
XBX.,
HOBTHLY CAPACITY UTILI2ATI0B
125.5
CkPkCltl
1982
I
!
J
1-28.71 134.31 192.6
1
aj
i
117.21 124.81 196.4
66-5|
i
1
157.Og
i
160.8!
1
78-2J 142.3
I
162. 3| 214.6
S
167.31 225.6
i
I4fl7§
i ml 5
201.31
1
1
4
S2J.8
121.51 122.31
103»0§
S47.61
191.91
8
;U
xii
193.7
394.6
197.3
198.3
142.4
142-3
216.1
217.4
227.3
228.8
142.1
163.8
2S7.3
142.4
1S4.6
28$. 6
142.8
165.4
291.9
156.5
157.0
I57.i
1
19331
!
1
195.51 196.6!
!
i
1
I
199. 2 J 200.21
142-4} 142-6J
1
i
I
21So9f 22Q~2h
I
1
230.51 231.91
71.31
86.5|
65. 1§
S
I
76.01
1
BTILIZASIOB
1982
II
III
I?
72.0
69.6
68. 1
66.7
64.4
62.9
65.31
i
1
58.8J
6 3.9
54.1
51.3
46.7J
75.0
72.6
71.3
?2.9
70.6
69.2
71.3
39.2
71.5
71.5
88.2
82.9
79.9
78«5
s
143.6J
167.61
29«l3| 29S«,7f
I
1
!
1
I
71.8|
1
68.3
62.3
73.7
69-8! 72.2
§
72.01
88.7 §
65.2!
1
S
76.81 17-0
_L
BSTIBAVBS OF ACTOAL OOfPOT ABO CAPACITY QjBTP:OT. AM BOTH BYPBBSSBO &S PBBCBBTA6BS Of 1967 ACVQAL 003PQT. BSTIflATBS OF
CIPACITT OKLIZAflOBIB" PBBCBBT' ABB" CAiCO'LATBO' AS BATIO^S 0? fi)""TBB ^BOBBAL^B.BSBBfB«S SB1SOBAUY AOJOSTB0 I I D I I I S OF I 1 S 0 S - ,
TBIAL PBOOOCTIOB TO | 2 | THE COSEgS^OBHIHG IBDEIES Of CAPACITY. IIBOSfHIAL BATBBZALS ABE ITBBS BOTI P1@D0CID ABD OSID MS I B POTS Bl H^ISFACfOEIiG PL&ITSP BIBBS MB UTILITIES; IBOOSfgllt HITBII&LS COfI® H&Bf OF TH3 IT1SS BBPBBSBBTBD I I fHB PRXHAE!
VBOCBSSIBQ 6B00P2B6 Of a i l Q F i C f i M I S I S BBIL kS SOBB OF t i l QWSmt OF BIBBS ABD OfXLlTIES — S0C1 IS IBOB OBB, CBODE OIL* i l D
BLBC1BIC2TY $©W fO ISDBSfBI.
TBB 1*73 HtGIS O S 1975 WSS 1 1 CAPACITY OTILISITIOS^ SMQWB I I TIB TAB1BS ABOfB# ABB SPECIFIC TO 11C® SEBIIS kEB BAY OCC0I I I
QlifMEm
mMm«
I S M S f l l A L .PLABtS OSOALLY OPEBATB Af . O M e i T Y OTILIZATIOS IATIS W I T ifi^ BBLL BILO^ iOH PIlCEIf; SOU OF
THE SBO^S AG6BE6ATB SHIES MIS BYBB IBDICATED h 100 PBBCBBT OSS OP CAPlCIfY.
CAPACITY 0TILZZMXOB BATBS AWBBA6BB IBOOT S3
PEBCEBT F0J8 HAI0FACT08IUG ffiCfi 1955 THBOUGH 1979ff ABO iBOOT 85 PBBCBBT FOB IIDOSfHIlL 8&TE1IALS ?O® 1967 TBEOOGH 1979. IB
MkMUi&CTUMl®G IS-A Mmh&e 0T1LIZATIOB H&fSS IS HIGH AS 9@ PEBCSBT BAfB SBSM I1CEEDED OMLf l i y&STIHg. THE PEAK BATES OF UTIIB i $ 7 3 i l i l ASSOCIif IS ! 1 M SI&IIFICIST OP@AB& PS1SS@1B O@ P1ICSS.
Ail
w
SEMKBS mm
ilS£M&
n :m
mAID
BAB8PAC<OBXB6
i.
MMMM1M E&MIiM 9J £H§£I1I M i
B£fllXAXS« JAI9A1Y 1»8?— ®iCI
OF fBB FB8B8AL BiSBBfB SISfSB*
~
i.C
IBflSBD
FUBIiXClflOiS SI? M O&™
23551
@FedFRASER