Track US Capacity Utilization Rate to gauge potential consumer inflation as producers raise prices.
This serves as a key indicator of consumer inflation; when production capacity is nearly reached, producers tend to increase prices, and these higher expenses are typically transferred to consumers.
What it Measures
The percentage of resources being utilized across manufacturing, mining, and utility sectors.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast', it is favorable for the currency.
Source & Frequency
Federal Reserve (latest release) - https://www.federalreserve.gov/ • Data is released monthly, approximately 16 days following the end of the month.
How Data is Derived
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Also Known As
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Acronym
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