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Canadian Research Economic DataCRED

Industrial Capacity Utilization Rate

(CAP_UTILIZATION)
Observations
Q4 2025: 78.5
Updated: 2026-10-09, 6:19:26 a.m. ET
Units
Percent,
Total industrial, quarterly
Frequency
Quarterly
Source
Statistics Canada, Industrial Capacity Utilization
Series ID
CAP_UTILIZATION
Table 16-10-0109-01
CREDIndustrial Capacity Utilization Rate
COVID-19 recessionGlobal Financial CrisisEarly 1990s recession707274767880828486881987199119951999200320072011201520192023Percent1987-01-01: 81.11987-04-01: 82.31987-07-01: 84.81987-10-01: 86.21988-01-01: 86.21988-04-01: 86.41988-07-01: 85.51988-10-01: 84.61989-01-01: 84.81989-04-01: 84.31989-07-01: 83.31989-10-01: 84.11990-01-01: 83.51990-04-01: 83.51990-07-01: 82.11990-10-01: 801991-01-01: 78.51991-04-01: 78.81991-07-01: 79.61991-10-01: 801992-01-01: 78.81992-04-01: 78.61992-07-01: 78.81992-10-01: 79.31993-01-01: 80.41993-04-01: 80.71993-07-01: 80.71993-10-01: 81.31994-01-01: 81.61994-04-01: 83.31994-07-01: 84.31994-10-01: 84.81995-01-01: 84.91995-04-01: 83.11995-07-01: 82.21995-10-01: 821996-01-01: 82.11996-04-01: 82.21996-07-01: 83.51996-10-01: 83.11997-01-01: 841997-04-01: 84.31997-07-01: 85.41997-10-01: 85.61998-01-01: 85.61998-04-01: 84.71998-07-01: 83.71998-10-01: 841999-01-01: 84.81999-04-01: 84.21999-07-01: 84.81999-10-01: 85.42000-01-01: 852000-04-01: 84.82000-07-01: 85.12000-10-01: 85.22001-01-01: 83.92001-04-01: 83.72001-07-01: 82.32001-10-01: 81.62002-01-01: 83.22002-04-01: 84.22002-07-01: 84.12002-10-01: 83.62003-01-01: 83.62003-04-01: 82.92003-07-01: 83.42003-10-01: 84.92004-01-01: 84.82004-04-01: 85.32004-07-01: 85.72004-10-01: 85.72005-01-01: 85.52005-04-01: 85.72005-07-01: 85.92005-10-01: 86.22006-01-01: 86.22006-04-01: 85.32006-07-01: 84.42006-10-01: 842007-01-01: 85.22007-04-01: 85.42007-07-01: 84.82007-10-01: 82.92008-01-01: 80.92008-04-01: 80.62008-07-01: 80.92008-10-01: 78.72009-01-01: 73.82009-04-01: 71.82009-07-01: 732009-10-01: 75.42010-01-01: 77.82010-04-01: 792010-07-01: 79.32010-10-01: 79.42011-01-01: 80.12011-04-01: 79.72011-07-01: 81.32011-10-01: 81.42012-01-01: 81.12012-04-01: 81.32012-07-01: 80.32012-10-01: 79.72013-01-01: 80.52013-04-01: 802013-07-01: 80.12013-10-01: 80.72014-01-01: 80.52014-04-01: 81.62014-07-01: 81.52014-10-01: 82.22015-01-01: 80.72015-04-01: 79.42015-07-01: 802015-10-01: 79.22016-01-01: 79.12016-04-01: 77.52016-07-01: 78.62016-10-01: 78.92017-01-01: 78.82017-04-01: 79.12017-07-01: 79.72017-10-01: 80.52018-01-01: 822018-04-01: 82.22018-07-01: 81.72018-10-01: 80.52019-01-01: 79.82019-04-01: 81.32019-07-01: 80.42019-10-01: 802020-01-01: 79.42020-04-01: 69.62020-07-01: 76.32020-10-01: 78.42021-01-01: 79.92021-04-01: 80.12021-07-01: 79.52021-10-01: 80.12022-01-01: 80.82022-04-01: 81.52022-07-01: 81.22022-10-01: 80.52023-01-01: 80.72023-04-01: 80.52023-07-01: 802023-10-01: 79.22024-01-01: 78.52024-04-01: 78.92024-07-01: 78.52024-10-01: 78.42025-01-01: 78.52025-04-01: 782025-07-01: 78.92025-10-01: 78.5
Source: Statistics Canada, Industrial Capacity Utilization via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
Xfrin

Notes

Source: Statistics Canada

Release: Industrial Capacity Utilization Rates

Units: Percent, Total industrial, quarterly

Frequency: Quarterly

Notes: The share of industrial capacity in use across Canadian industries, in percent. When factories run near their limits, bottlenecks push prices up, so this series is watched as an early signal of inflation pressure. Published quarterly.

Suggested Citation: Statistics Canada, Industrial Capacity Utilization Rate CAP_UTILIZATION, retrieved from CRED, Canadian Research Economic Data; https://cred.nshipyard.com/series/CAP_UTILIZATION, October 9, 2026.

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CREDReal Manufacturing Sales
COVID-19 recession36000380004000042000440004600048000500005200054000560005800060000201620182020202220242026Millions of 2017 dollars2016-08-01: 524452016-09-01: 522352016-10-01: 519492016-11-01: 524922016-12-01: 537232017-01-01: 541372017-02-01: 538112017-03-01: 534412017-04-01: 541842017-05-01: 544822017-06-01: 541062017-07-01: 537832017-08-01: 543462017-09-01: 547842017-10-01: 539152017-11-01: 550522017-12-01: 550402018-01-01: 543232018-02-01: 554542018-03-01: 553072018-04-01: 548902018-05-01: 550892018-06-01: 557772018-07-01: 557482018-08-01: 553622018-09-01: 551472018-10-01: 557592018-11-01: 554232018-12-01: 551002019-01-01: 562982019-02-01: 554812019-03-01: 559832019-04-01: 558982019-05-01: 573852019-06-01: 562722019-07-01: 557332019-08-01: 565742019-09-01: 564972019-10-01: 559992019-11-01: 556842019-12-01: 555702020-01-01: 548212020-02-01: 555792020-03-01: 496822020-04-01: 369532020-05-01: 413862020-06-01: 498722020-07-01: 527302020-08-01: 522602020-09-01: 531152020-10-01: 534582020-11-01: 529742020-12-01: 529942021-01-01: 542522021-02-01: 525282021-03-01: 538912021-04-01: 514432021-05-01: 508162021-06-01: 525032021-07-01: 514662021-08-01: 525702021-09-01: 503372021-10-01: 524902021-11-01: 539162021-12-01: 546062022-01-01: 531272022-02-01: 554682022-03-01: 562102022-04-01: 569232022-05-01: 550482022-06-01: 562302022-07-01: 557172022-08-01: 552682022-09-01: 552312022-10-01: 552222022-11-01: 555202022-12-01: 552902023-01-01: 568532023-02-01: 554912023-03-01: 560492023-04-01: 562422023-05-01: 574962023-06-01: 570772023-07-01: 566512023-08-01: 571972023-09-01: 563692023-10-01: 549542023-11-01: 559282023-12-01: 558322024-01-01: 552842024-02-01: 559472024-03-01: 545932024-04-01: 553122024-05-01: 553772024-06-01: 547322024-07-01: 548142024-08-01: 546362024-09-01: 543422024-10-01: 547822024-11-01: 551242024-12-01: 542422025-01-01: 552342025-02-01: 542742025-03-01: 533772025-04-01: 526852025-05-01: 525132025-06-01: 524512025-07-01: 537622025-08-01: 528162025-09-01: 542992025-10-01: 533222025-11-01: 521552025-12-01: 527062026-01-01: 505532026-02-01: 520112026-03-01: 525922026-04-01: 537492026-05-01: 539592026-06-01: 547682026-07-01: 54000
Source: Statistics Canada, Monthly Survey of Manufacturing via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).

Real Manufacturing Sales

CREDRetail Sales
COVID-19 recession3500000040000000450000005000000055000000600000006500000070000000750000002017201820192020202120222023202420252026Thousands of dollars2017-01-01: 504172352017-02-01: 498634522017-03-01: 499374202017-04-01: 508274382017-05-01: 507116342017-06-01: 507626242017-07-01: 508790022017-08-01: 510115882017-09-01: 510403842017-10-01: 525225322017-11-01: 521390922017-12-01: 523105732018-01-01: 522714462018-02-01: 520354652018-03-01: 519469652018-04-01: 521017772018-05-01: 534470832018-06-01: 532879402018-07-01: 530961022018-08-01: 533764292018-09-01: 536349322018-10-01: 538592582018-11-01: 529762702018-12-01: 533865742019-01-01: 529079652019-02-01: 529974822019-03-01: 536277442019-04-01: 537860702019-05-01: 540930662019-06-01: 538020842019-07-01: 543819602019-08-01: 543501842019-09-01: 543632452019-10-01: 536254702019-11-01: 540402942019-12-01: 553498662020-01-01: 546945672020-02-01: 548798792020-03-01: 488089332020-04-01: 375620592020-05-01: 458981942020-06-01: 558774532020-07-01: 563079802020-08-01: 560798362020-09-01: 579858342020-10-01: 585304352020-11-01: 587355682020-12-01: 563728882021-01-01: 551670782021-02-01: 586912112021-03-01: 616921362021-04-01: 584132102021-05-01: 570346652021-06-01: 596651822021-07-01: 602025422021-08-01: 611173152021-09-01: 607981162021-10-01: 617179712021-11-01: 623721502021-12-01: 613355522022-01-01: 629022312022-02-01: 632261832022-03-01: 640103202022-04-01: 640835892022-05-01: 659918522022-06-01: 668131702022-07-01: 649119492022-08-01: 651822722022-09-01: 648743502022-10-01: 655050912022-11-01: 653222412022-12-01: 647240322023-01-01: 663370302023-02-01: 653937172023-03-01: 651518982023-04-01: 655436262023-05-01: 659124182023-06-01: 659992262023-07-01: 659344372023-08-01: 659285212023-09-01: 667315052023-10-01: 666694912023-11-01: 664406302023-12-01: 663265592024-01-01: 670900622024-02-01: 671613922024-03-01: 666549412024-04-01: 672484852024-05-01: 668819052024-06-01: 664416572024-07-01: 677868472024-08-01: 676042192024-09-01: 683212692024-10-01: 690418702024-11-01: 690702942024-12-01: 708912132025-01-01: 705737822025-02-01: 694004542025-03-01: 702696502025-04-01: 704133652025-05-01: 696126792025-06-01: 705792252025-07-01: 701345762025-08-01: 707803862025-09-01: 700590942025-10-01: 701127742025-11-01: 709851442025-12-01: 707087402026-01-01: 716505472026-02-01: 720538902026-03-01: 727259052026-04-01: 730184782026-05-01: 737797252026-06-01: 742455282026-07-01: 73696547
Source: Statistics Canada, Retail Trade Survey via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).

Retail Sales

CREDWholesale Sales
COVID-19 recession5000000060000000700000008000000090000000100000000110000000120000000130000000140000000150000000201620182020202220242026Thousands of dollars2016-08-01: 563732772016-09-01: 563419832016-10-01: 569166072016-11-01: 570111282016-12-01: 583142692017-01-01: 585517372017-02-01: 584906002017-03-01: 594249272017-04-01: 597269132017-05-01: 603524822017-06-01: 603926232017-07-01: 605836262017-08-01: 608282762017-09-01: 605247722017-10-01: 615470842017-11-01: 623600182017-12-01: 622070872018-01-01: 616975302018-02-01: 612387482018-03-01: 623169532018-04-01: 620682372018-05-01: 635561942018-06-01: 628854712018-07-01: 628498472018-08-01: 629104892018-09-01: 625175322018-10-01: 632700212018-11-01: 627150242018-12-01: 628670232019-01-01: 626201362019-02-01: 623689302019-03-01: 631461602019-04-01: 642946212019-05-01: 636720552019-06-01: 638729222019-07-01: 646764602019-08-01: 636845292019-09-01: 642537072019-10-01: 634127112019-11-01: 623155342019-12-01: 634938222020-01-01: 641511742020-02-01: 649290872020-03-01: 626053372020-04-01: 490999262020-05-01: 522275332020-06-01: 626804822020-07-01: 652899172020-08-01: 656613992020-09-01: 666612222020-10-01: 668557932020-11-01: 671036192020-12-01: 668585242021-01-01: 962557722021-02-01: 973137292021-03-01: 1012928312021-04-01: 1017641322021-05-01: 1024563262021-06-01: 1034815162021-07-01: 1065268112021-08-01: 1060408472021-09-01: 1076815392021-10-01: 1107781932021-11-01: 1158877102021-12-01: 1168423912022-01-01: 1184298492022-02-01: 1224118032022-03-01: 1269366552022-04-01: 1288336252022-05-01: 1336121082022-06-01: 1384559242022-07-01: 1343015832022-08-01: 1321441232022-09-01: 1329111292022-10-01: 1370672322022-11-01: 1363247872022-12-01: 1309583592023-01-01: 1338913782023-02-01: 1315853812023-03-01: 1164218652023-04-01: 1162427072023-05-01: 1218407402023-06-01: 1184741962023-07-01: 1232771212023-08-01: 1288388842023-09-01: 1226919232023-10-01: 1252834232023-11-01: 1218573202023-12-01: 1179152482024-01-01: 1183246782024-02-01: 1213981052024-03-01: 1175955482024-04-01: 1247498032024-05-01: 1217472012024-06-01: 1186530712024-07-01: 1194514882024-08-01: 1192786042024-09-01: 1162312802024-10-01: 1205355502024-11-01: 1184608022024-12-01: 1208648242025-01-01: 1221174362025-02-01: 1183863872025-03-01: 1205470432025-04-01: 1149073602025-05-01: 1138058562025-06-01: 1181019932025-07-01: 1206437952025-08-01: 1169747002025-09-01: 1172849662025-10-01: 1175907752025-11-01: 1158063422025-12-01: 1173095002026-01-01: 1159531612026-02-01: 1187815112026-03-01: 1349022372026-04-01: 1410044562026-05-01: 1407834732026-06-01: 1366898302026-07-01: 137297173
Source: Statistics Canada, Wholesale Trade Survey via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).

Wholesale Sales

CREDGDP: Manufacturing
COVID-19 recession150000160000170000180000190000200000210000220000201620182020202220242026Millions of chained 2017 dollars2016-08-01: 2034362016-09-01: 2036802016-10-01: 2012072016-11-01: 2037712016-12-01: 2048192017-01-01: 2058602017-02-01: 2053462017-03-01: 2069842017-04-01: 2078652017-05-01: 2090082017-06-01: 2091562017-07-01: 2075122017-08-01: 2047302017-09-01: 2052972017-10-01: 2070992017-11-01: 2098102017-12-01: 2090772018-01-01: 2113612018-02-01: 2119332018-03-01: 2138722018-04-01: 2148252018-05-01: 2117082018-06-01: 2154102018-07-01: 2148022018-08-01: 2134592018-09-01: 2149602018-10-01: 2149572018-11-01: 2138302018-12-01: 2127552019-01-01: 2139892019-02-01: 2129092019-03-01: 2141912019-04-01: 2128302019-05-01: 2170252019-06-01: 2147082019-07-01: 2136672019-08-01: 2134502019-09-01: 2134082019-10-01: 2123132019-11-01: 2130242019-12-01: 2118682020-01-01: 2051862020-02-01: 2086682020-03-01: 1908902020-04-01: 1536132020-05-01: 1692042020-06-01: 1901842020-07-01: 1990912020-08-01: 2028532020-09-01: 2042892020-10-01: 2049242020-11-01: 2077192020-12-01: 2079502021-01-01: 2103332021-02-01: 2069402021-03-01: 2093302021-04-01: 2050682021-05-01: 2039092021-06-01: 2076552021-07-01: 2071662021-08-01: 2077022021-09-01: 2038732021-10-01: 2095262021-11-01: 2108672021-12-01: 2131272022-01-01: 2136952022-02-01: 2141592022-03-01: 2153182022-04-01: 2139532022-05-01: 2106232022-06-01: 2133462022-07-01: 2116762022-08-01: 2109892022-09-01: 2109872022-10-01: 2082782022-11-01: 2075812022-12-01: 2076472023-01-01: 2121832023-02-01: 2126502023-03-01: 2142412023-04-01: 2142802023-05-01: 2150462023-06-01: 2127162023-07-01: 2109672023-08-01: 2105412023-09-01: 2103282023-10-01: 2085072023-11-01: 2084322023-12-01: 2064892024-01-01: 2058132024-02-01: 2075882024-03-01: 2048342024-04-01: 2052002024-05-01: 2066492024-06-01: 2066652024-07-01: 2069282024-08-01: 2061132024-09-01: 2056252024-10-01: 2062192024-11-01: 2057262024-12-01: 2030442025-01-01: 2059152025-02-01: 2063452025-03-01: 2042282025-04-01: 2014462025-05-01: 1990622025-06-01: 1977962025-07-01: 2011712025-08-01: 1993872025-09-01: 2015282025-10-01: 1992322025-11-01: 1965052025-12-01: 1978612026-01-01: 1951422026-02-01: 1979432026-03-01: 1976602026-04-01: 2000852026-05-01: 2010992026-06-01: 2029202026-07-01: 201120
Source: Statistics Canada, Gross Domestic Product by Industry via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).

GDP: Manufacturing

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