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Some Characteristics of the Decline in Manufacturing Capacity Utilization

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Abstract

In this note, we provide several observations regarding trends in manufacturing capacity utilization rates using data from the Federal Reserve Board and the Census Bureau. The note does not aim to consider all potential explanations for the decline in utilization rates, and indeed we do not find a single root cause of the decline. We do, however, attempt to narrow the scope of potential explanations and contribute contemporary data to the existing commentary.

Suggested Citation

  • Justin R. Pierce & Emily Wisniewski, 2018. "Some Characteristics of the Decline in Manufacturing Capacity Utilization," FEDS Notes 2018-03-01-2, Board of Governors of the Federal Reserve System (U.S.).
  • Handle: RePEc:fip:fedgfn:2018-03-01-2
    DOI: 10.17016/2380-7172.2162
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    File URL: https://www.federalreserve.gov/econres/notes/feds-notes/some-characteristics-of-the-decline-in-manufacturing-capacity-utilization-20180301.htm
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    Cited by:

    1. Michalis Nikiforos, 2021. "The Endogeneity-to-Demand of the National Emergency Utilization Rate," Economics Working Paper Archive wp_989, Levy Economics Institute.
    2. Michalis Nikiforos, 2020. "Notes on the Accumulation and Utilization of Capital: Some Empirical Issues," Economics Working Paper Archive wp_953, Levy Economics Institute.
    3. Christoph E. Boehm & Nitya Pandalai-Nayar, 2022. "Convex Supply Curves," American Economic Review, American Economic Association, vol. 112(12), pages 3941-3969, December.

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