Monthly Survey of Manufacturing (MSM)
Capacity utilization rate of establishment, rate
Capacity utilization rate refers to a measure of the proportion of potential economic output that is actually realized. Displayed as a percentage, capacity utilization levels give insight into the overall slack that is in the economy or a firm at a given point in time. It is calculated as (Actual Output) / (Potential Output) multiplied by 100.
Establishment refers to the level in the statistical hierarchy below the company in the Business Register statistical hierarchy, and at which the accounting data required to measure production are available (principal inputs, revenues, salaries and wages). The establishment is defined as the most homogeneous unit of production for which the business maintains accounting records. From these records, it is possible to assemble all the data elements required to compile the gross value of production (total sales or shipments, and inventories), the cost of materials and services, and labour and capital used in production.
The data for this variable are reported using the following measurements: