Board of Governors of the Federal Reserve System

Seasonally adjusted                                                        

	Jan.	Feb.	Mar.	Apr.	May	June	July	Aug.	Sept.	Oct.	Nov.	Dec.	Q1	Q2	Q3	Q4	Annual
Capacity (percent of 2017 output)
1991	77.4	77.5	77.6	77.6	77.7	77.8	77.9	78.0	78.1	78.2	78.3	78.4	77.5	77.7	78.0	78.3	77.9
1992	78.6	78.8	79.0	79.1	79.3	79.5	79.8	80.0	80.1	80.3	80.5	80.7	78.8	79.3	79.9	80.5	79.6
1993	80.8	81.0	81.1	81.3	81.4	81.5	81.6	81.8	81.9	82.1	82.2	82.4	81.0	81.4	81.8	82.3	81.6
1994	82.6	82.8	83.1	83.3	83.6	83.8	84.1	84.4	84.7	85.0	85.3	85.6	82.8	83.6	84.4	85.3	84.0
1995	86.0	86.3	86.7	87.0	87.4	87.7	88.1	88.5	88.9	89.4	89.8	90.3	86.3	87.4	88.5	89.8	88.0
1996	90.7	91.2	91.7	92.2	92.7	93.2	93.7	94.2	94.7	95.2	95.8	96.3	91.2	92.7	94.2	95.8	93.5
1997	96.8	97.4	97.9	98.5	99.1	99.7	100.4	101.0	101.7	102.4	103.2	103.9	97.4	99.1	101.0	103.2	100.2
1998	104.7	105.5	106.2	107.0	107.8	108.5	109.2	109.9	110.5	111.1	111.7	112.3	105.5	107.8	109.8	111.7	108.7
1999	112.9	113.4	114.0	114.5	115.0	115.5	116.0	116.5	117.0	117.4	117.9	118.4	113.4	115.0	116.5	117.9	115.7
2000	118.9	119.4	119.9	120.4	120.9	121.3	121.8	122.3	122.8	123.3	123.7	124.2	119.4	120.9	122.3	123.7	121.6
2001	124.6	125.1	125.5	125.9	126.2	126.6	126.9	127.1	127.4	127.6	127.8	128.0	125.1	126.2	127.1	127.8	126.6
2002	128.1	128.2	128.3	128.4	128.4	128.5	128.5	128.5	128.5	128.5	128.5	128.5	128.2	128.4	128.5	128.5	128.4
2003	128.5	128.5	128.5	128.5	128.5	128.4	128.4	128.4	128.4	128.3	128.3	128.2	128.5	128.5	128.4	128.3	128.4
2004	128.2	128.2	128.1	128.1	128.0	128.0	128.0	128.0	128.1	128.2	128.3	128.4	128.2	128.0	128.1	128.3	128.1
2005	128.6	128.8	129.0	129.3	129.5	129.8	130.0	130.3	130.6	130.8	131.1	131.3	128.8	129.5	130.3	131.1	129.9
2006	131.5	131.8	132.0	132.2	132.4	132.6	132.9	133.1	133.4	133.7	134.0	134.3	131.8	132.4	133.1	134.0	132.8
2007	134.7	135.0	135.4	135.8	136.2	136.5	136.9	137.2	137.4	137.6	137.8	137.9	135.1	136.2	137.2	137.8	136.5
2008	138.0	138.0	137.9	137.8	137.7	137.6	137.4	137.2	137.1	136.9	136.7	136.5	138.0	137.7	137.2	136.7	137.4
2009	136.3	136.1	135.9	135.7	135.6	135.4	135.2	135.0	134.8	134.7	134.5	134.3	136.1	135.6	135.0	134.5	135.3
2010	134.1	133.9	133.7	133.4	133.2	133.0	132.7	132.5	132.3	132.1	131.9	131.7	133.9	133.2	132.5	131.9	132.9
2011	131.5	131.4	131.3	131.2	131.1	131.1	131.1	131.2	131.2	131.3	131.5	131.6	131.4	131.2	131.2	131.5	131.3
2012	131.7	131.9	132.0	132.2	132.3	132.5	132.6	132.8	132.9	133.1	133.2	133.3	131.9	132.3	132.8	133.2	132.5
2013	133.4	133.5	133.6	133.6	133.7	133.7	133.7	133.7	133.7	133.7	133.7	133.6	133.5	133.7	133.7	133.7	133.6
2014	133.6	133.5	133.5	133.4	133.3	133.2	133.1	133.0	132.9	132.7	132.6	132.4	133.5	133.3	133.0	132.6	133.1
2015	132.3	132.2	132.0	131.9	131.8	131.7	131.7	131.7	131.6	131.6	131.7	131.7	132.2	131.8	131.7	131.7	131.8
2016	131.8	131.9	131.9	132.0	132.1	132.2	132.2	132.3	132.3	132.3	132.2	132.2	131.9	132.1	132.3	132.2	132.1
2017	132.1	131.9	131.8	131.6	131.5	131.3	131.1	130.9	130.8	130.6	130.5	130.4	131.9	131.5	131.0	130.5	131.2
2018	130.4	130.3	130.3	130.3	130.3	130.3	130.4	130.5	130.5	130.6	130.7	130.8	130.3	130.3	130.5	130.7	130.4
2019	130.9	130.9	131.0	131.0	131.0	131.0	131.0	131.0	131.0	131.0	130.9	130.8	130.9	131.0	131.0	130.9	131.0
2020	130.8	130.7	130.6	130.5	130.4	130.4	130.3	130.2	130.1	130.1	130.0	130.0	130.7	130.4	130.2	130.0	130.3
2021	130.0	129.9	129.9	129.9									129.9
Utilization (percent)
1991	78.6	78.0	77.3	77.6	78.0	78.7	79.0	79.0	79.7	79.5	79.2	78.9	78.0	78.1	79.2	79.2	78.6
1992	78.3	78.8	79.4	79.7	79.9	80.0	80.5	79.9	79.8	80.1	80.2	80.0	78.8	79.9	80.1	80.1	79.7
1993	80.6	80.7	80.4	80.7	80.4	80.2	80.3	79.9	80.3	80.9	81.1	81.4	80.6	80.4	80.2	81.1	80.6
1994	81.3	81.2	82.1	82.5	82.8	82.7	82.8	83.2	83.3	83.7	84.1	84.7	81.5	82.7	83.1	84.2	82.9
1995	84.5	84.0	83.9	83.3	83.2	83.3	82.3	82.9	83.3	82.8	82.4	82.3	84.1	83.3	82.8	82.5	83.2
1996	81.3	82.1	81.4	82.0	82.2	82.5	82.4	82.3	82.6	82.0	82.3	82.6	81.6	82.2	82.5	82.3	82.2
1997	82.2	82.9	83.2	82.6	82.7	82.7	82.8	83.3	83.5	83.6	83.8	83.7	82.8	82.7	83.2	83.7	83.1
1998	83.7	83.2	82.5	82.3	82.1	80.9	80.1	81.5	81.0	81.3	80.9	81.0	83.1	81.8	80.9	81.1	81.7
1999	80.8	81.1	80.7	80.6	80.9	80.3	80.3	80.5	79.8	80.7	80.9	81.1	80.9	80.6	80.2	80.9	80.6
2000	80.8	80.7	80.9	81.0	80.7	80.5	80.3	79.4	79.5	78.9	78.4	77.6	80.8	80.8	79.7	78.3	79.9
2001	76.9	76.1	75.7	75.2	74.5	73.9	73.3	72.9	72.5	72.0	71.6	71.7	76.3	74.5	72.9	71.8	73.9
2002	72.1	72.0	72.4	72.6	73.0	73.7	73.6	73.6	73.7	73.4	73.8	73.4	72.2	73.1	73.6	73.5	73.1
2003	74.0	73.9	73.9	73.4	73.4	73.7	74.0	73.7	74.3	74.4	75.1	75.1	73.9	73.5	74.0	74.9	74.1
2004	75.0	75.6	75.6	75.9	76.5	76.0	76.6	77.0	76.9	77.6	77.5	78.0	75.4	76.1	76.9	77.7	76.5
2005	78.4	79.0	78.5	78.7	78.7	78.7	78.3	78.5	77.5	78.5	79.0	78.9	78.6	78.7	78.1	78.8	78.6
2006	79.4	79.1	79.0	79.1	78.8	78.9	78.5	78.9	78.8	78.2	78.1	79.1	79.2	78.9	78.7	78.5	78.8
2007	78.5	78.6	79.0	79.4	79.1	79.1	78.9	78.5	78.6	78.4	78.7	78.7	78.7	79.2	78.7	78.6	78.8
2008	78.4	77.9	77.6	76.9	76.5	76.0	75.3	74.5	72.1	71.7	70.0	67.7	78.0	76.5	73.9	69.8	74.5
2009	65.7	65.7	64.5	64.2	63.6	63.5	64.6	65.4	66.1	66.2	67.0	67.0	65.3	63.8	65.4	66.7	65.3
2010	67.8	67.8	68.8	69.5	70.5	70.6	71.2	71.4	71.5	71.7	71.9	72.3	68.1	70.2	71.3	71.9	70.4
2011	72.4	72.6	73.1	72.8	72.8	72.9	73.3	73.6	73.8	74.1	73.9	74.4	72.7	72.8	73.6	74.1	73.3
2012	74.9	75.1	74.6	74.9	74.6	74.7	74.4	74.2	74.0	73.8	74.2	74.6	74.9	74.7	74.2	74.2	74.5
2013	74.4	74.6	74.5	74.3	74.5	74.6	74.0	74.6	74.7	74.8	74.8	74.7	74.5	74.5	74.5	74.8	74.6
2014	74.0	74.7	75.4	75.4	75.6	75.9	76.4	76.0	76.0	76.0	76.6	76.5	74.7	75.6	76.1	76.4	75.7
2015	76.2	75.7	76.0	76.1	76.2	75.9	76.6	76.2	76.0	75.9	75.7	75.4	76.0	76.1	76.3	75.7	76.0
2016	75.8	75.5	75.4	75.2	75.1	75.2	75.3	74.9	75.0	75.1	75.1	75.2	75.5	75.2	75.1	75.1	75.2
2017	75.4	75.4	75.3	76.2	76.2	76.3	76.2	76.1	76.2	77.1	77.2	77.0	75.4	76.2	76.2	77.1	76.2
2018	76.8	77.5	77.6	78.1	77.5	77.9	78.0	78.2	78.1	77.7	77.3	77.5	77.3	77.8	78.1	77.5	77.7
2019	76.8	76.4	76.3	75.7	75.7	75.9	75.6	76.0	75.5	75.0	75.6	75.6	76.5	75.8	75.7	75.4	75.8
2020	75.5	75.5	72.2	60.8	63.7	68.3	71.2	72.3	72.4	73.5	74.0	74.5	74.4	64.3	71.9	74.0	71.2
2021	75.4	72.7	74.9	75.1									74.4

Note: Estimates from December 2020 through April 2021 are subject to further revision in the upcoming monthly releases.
[1] See footnote 2 to table 2.