Australia capacity utilization

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Australia capacity utilization: 83.5 (0.24%)
Last Update: May 31, 2024

Australia capacity utilization closed down 83.5 as of May 31, 2024 from 83.3 from the previous month and 84.56 from last year.


Australia capacity utilization Analytics & Data




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Australia capacity utilization

DateValues
2024-05-31 83.5
2024-04-30 83.3
2024-03-31 83.2
2024-02-29 83.4
2024-01-31 83.69
2023-12-31 82.84
2023-11-30 83.64
2023-10-31 83.86
2023-09-30 84
2023-08-31 85.01
2023-07-31 84.65
2023-06-30 83.59
2023-05-31 84.56
2023-04-30 85.01
2023-03-31 85.13
2023-02-28 85.18
2023-01-31 85.74
2022-12-31 83.7
2022-11-30 84.95
2022-10-31 85.64
2022-09-30 85.62
2022-08-31 86.18
2022-07-31 86.3
2022-06-30 84.74

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Australia capacity utilization Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
capacity utilizationau.caputilization83.583.30-1DownDown362024-05-31

Australia capacity utilization Factors

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Australia capacity utilization Historical Data

The MacroVar database offers free access to historical data for the Australia capacity utilization, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Australia capacity utilization data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Australia capacity utilization

Capacity utilization in Australia refers to the extent to which businesses are using their production capacity to meet demand for goods and services. A high capacity utilization rate indicates that businesses are operating close to their maximum capacity, which can lead to increased productivity and profitability. On the other hand, a low capacity utilization rate may indicate that businesses are not fully utilizing their resources, which can result in inefficiencies and decreased competitiveness. Monitoring capacity utilization is important for policymakers and economists as it can provide insights into the health of the economy and help identify areas where investments in infrastructure or technology may be needed to support growth.

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