Capacity Utilization Rate Gets Revised Lower
I expect the trend in the utilization rate to accelerate as the recovery in the overall U.S. economy and manufacturing sector picks up momentum later this year and through 2014. And the growth in demand for new molds and tooling will also accelerate shortly thereafter. It is too early to tell when or even if this indicator will ever get back up to the 85% level. I will continue to watch it closely and report on its progress.