Economic Event | Capacity Utilization |
Units | Percentage Rate |
Current Period | Oct 2009 |
Release Date | Nov. 17. 09 |
Reported | 70.7 |
Consensus for Current Period | 70.8 |
Number of Forecasts | 48 |
Economic Surprise | -0.1 ( -0.14 % ) |
Prior Period | Sep 2009 |
Reported Value for Prior Period | 70.5 |
Revised From | |
Next Release Date | Dec. 15. 09 |
Next Release Time | 9:15 AM Eastern Time |
Source | http://www.federalreserve.gov/releases/G17/Current/ |
Note | |
Description | A measure of the rate at which potential output levels are being met or used. Displayed as a percentage, capacity utilization levels give insight into the overall inefficiency that is in the economy or a firm at a given point in time. Capacity below a 100% utilization rate implies room to increase production without incurring the expensive costs of building a new plant or facility. |