FX.co ★ US Capacity Utilization Falls More than Expected

In March 2025, capacity utilization in the United States decreased to 77.8%, down from 78.2% the previous month and falling below the market expectation of 78%. This decline was primarily influenced by reduced activity in the utility sector, where utilization fell to 69.1% from 73.5%. Conversely, manufacturing capacity utilization, which constitutes the majority of U.S. industrial production, experienced a slight increase, rising to 77.3% from 77.1%. Additionally, there was a marginal improvement in mining capacity utilization, which grew to 90.6% from 90.1%.