Capacity-utilization definition

An economic statistic that shows what percentage of the capacity at U.S. manufacturing plants is being used. It is cited as a percentage, such as 75.6 percent. The data is included in the monthly industrial production statistics that are released by the Federal Reserve Board each month around the 15th.
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(management, operations) The percentage of the capacity of a device or system that is being used productively.
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Other Word Forms

Noun

Singular:
capacity-utilization
Plural:
capacity utilizations