Capacity utilization in the United States rose to 68.6 percent in June 2020 from 64.8 in the previous month and above market expectations of 67.7 percent. Still, capacity utilization is at a rate that is 11.2 percentage points below its long-run (1972–2019) average of 80.1 but 1.9 percentage points above its trough during the Great Recession, as many factories resumed operations following restrictions related to COVID-19.
Capacity Utilization in the United States averaged 80.13 percent from 1967 until 2020, reaching an all time high of 89.39 percent in January of 1967 and a record low of 64.19 percent in April of 2020. This page provides the latest reported value for - United States Capacity Utilization - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Capacity Utilization - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.
Capacity Utilization in the United States is expected to be 77.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Capacity Utilization in the United States to stand at 78.30 in 12 months time. In the long-term, the United States Capacity Utilization is projected to trend around 78.40 percent in 2021, according to our econometric models.