Australia Capacity Utilization - Forecast

Capacity Utilization in Australia is expected to be 82.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Capacity Utilization in Australia to stand at 82.16 in 12 months time. In the long-term, the Australia Capacity Utilization is projected to trend around 82.16 percent in 2020, according to our econometric models.


Australia Capacity Utilization
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Australia Business Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Business Confidence 6 9 11 10 9 6
Services PMI 59 54.1 53.8 55 53.5 52.2
Manufacturing PMI 57.5 56.5 56.4 57.1 56.2 52
Industrial Production 1.7 1.74 2.05 1.78 2.02 1.88
Industrial Production Mom 0 0.32 0.56 0.59 0.49 0.47
Manufacturing Production 2.4 -0.5 -0.6 0.5 0.3 1
Capacity Utilization 82.01 82.2 82.14 82.16 82.16 82.16
New Orders 31 32.84 33.87 34.44 34.76 35.15
Changes in Inventories 1222 660 619 505 530 450
Bankruptcies 619 672 656 652 651 650
Corporate Profits 86499 87387 87481 68900 86032 59900
Total Vehicle Sales 82930 98558 98835 99100 99009 101000
Car Registrations 14079 14200 14200 14200 14260 14350
Leading Economic Index -0.22 0.1 0.2 0.1 0 0.1
Small Business Sentiment 7.92 3.51 3.88 3.6 3.81 3.71
Internet Speed 11063 13287 13737 14067 14383 16567
IP Addresses 9859878 9930375 9945263 9942116 9949235 9953818
Private Investment 0.4 1 1.01 1.02 1.09 1.25
Mining Production 1.1 1.1 0.9 1.2 2.98 4
Steel Production 498 495 486 486 487 487
Corruption Index 77 77 77 77 77 77
Corruption Rank 13 12 11 11 11 8
Competitiveness Index 5.19 5.21 5.21 5.21 5.19 5.25
Competitiveness Rank 21 23 21 23 21 25
Composite Pmi 55.6 55.5 55.1 53.9 53.5 56.5
Business Inventories 0.7 0.2 0.5 0.3 0.6 0.4
Ease of Doing Business 14 16 16 16 14 17