Page 26 - Market Outlook Q3 2024
P. 26

www.ntda.org
        26



        U.S. Economic Snapshot








                                                                              U.S. CAPACITY UTILIZATION
                U.S. Capacity Utilization Rate: Total Industry
                                                                              U.S. Capacity Utilization:  Total Industry is at 77.49%,
      82.00%                                                                  compared to 77.80% last month and 78.93% last year.
                                                                              This is lower than the long-term average of 80.00%.
      81.00%
      80.00%

      79.00%
      78.00%

      77.00%
      76.00%
      75.00%
               Jan  Feb  Mar  Apr  May  Jun   Jul  Aug  Sep  Oct  Nov  Dec
                                2024      2023     2022



     Source: The Federal Reserve







                                                                              U.S. LABOR FORCE PARTICIPATION
                       U.S. Labor Force Participation
                                                                              U.S. Labor Force Participation Rate is at 62.70%,
     62.90%                                                                   compared to 62.70% last month and 62.80% last year.
     62.80%                                                                   This is lower than the long-term average of 62.84%.
     62.70%
     62.60%
     62.50%
     62.40%
     62.30%
     62.20%
     62.10%
     62.00%
     61.90%
              Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep   Oct  Nov  Dec
                               2024     2023      2022



     Source: Bureau of Labor Statistics
   21   22   23   24   25   26   27   28   29   30   31