Industrial Capacity Utilization
Share of industrial capacity in use (Fed G.17).
76.9%+0.4 percentage pointsAs of September 2026
Capacity utilization increased 0.4 percentage points to 76.9%. Biggest increase in five months. Highest level in over two years. Up 0.8 percentage points y-o-y.
Last two years
Questions
What is the latest industrial capacity utilization?
76.9% as of September 1, 2026.
What does capacity utilization measure?
Share of industrial capacity in use (Fed G.17).
Why does it matter for markets?
The real limit on spending is real resources. Utilization below its long-run average means slack — deficits aren't hitting a wall.
Where does the data come from and how often is it updated?
Federal Reserve G.17 via FRED (FRED: TCU). This page refreshes automatically every month, within an hour of the source publishing.