Capacity Utilization: Oil and gas extraction : 97.3974% (As of 2024-08-01)
Basic Info
"Capacity Utilization: Oil and Gas Extraction" measures the percentage of production capacity currently being utilized by companies involved in the extraction of oil and natural gas. High capacity utilization in oil and gas extraction indicates strong demand and efficient use of resources, which may suggest higher profitability for the industry.
Monthly , seasonally adjusted. NAICS = 211 Source Code: CAPUTL.G211.S
Capacity Utilization: Oil and gas extraction was 97.3974 as of 2024-08-01, according to The Federal Reserve. Historically, Capacity Utilization: Oil and gas extraction reached a record high of 101.4674 and a record low of 78.7265, the median value is 93.279. Typical value range is from 92.89 to 99.89. The Year-Over-Year growth is -0.97%. GuruFocus provides the current actual value, an historical data chart and related indicators for Capacity Utilization: Oil and gas extraction - last updated on 2024-08-01.
| Category | Production & Business Activity |
| Region | USA |
| Source | The Federal Reserve |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 97.3974% | ||
| Latest Period | 2024-08-01 | ||
| Long Term Average | 96.39% | ||
| Average Annualized Growth Rate | +0.11% | ||
| Value from 1 year ago | 98.3584% | ||
| Change from 1 year ago | -0.98% | ||
| Frequency | Daily | ||
| Unit | % | ||
| Download Source | source link |
Related Indicators
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