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June 12, 2020CANADA INDUSTRIAL CAPACITY UTILIZATION RATES, Q1 2020 Canada's capacity utilization rate (ratio of actual to estimated potential output) declined to 79.8 per cent in Q1 2020. Industrial capacity utilization has been declining for three consecutive quarters.
Industrial capacity utilization rates are highes in construction, paper manufacturing, electric power generation/transmission, oil/gas extraction and computers/electronic equipment manufacturing. The lowest capacity utilization is found in non-metallic mineral product manufacturing, fabricated metal products, forestry/logging, mining
Compared with Q1 2019, industrial capacity utilization is up for furniture, primary metal manufacturing, non-metallic mineral product manufacturing, textile mills, tobacco product manufacturing, construction and oil/gas extraction. The largest declines in industrial capacity utilization rates were observed in forestry/logging, leather/allied product manufacturing and petroleum/coal product manufacturing.
Source: Statistics Canada. Table 16-10-0109-01 Industrial capacity utilization rates, by industry
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