Capacity Utilization
Capacity Utilization refers to the extent to which a firm or economy is using its productive capacity. It is a measure of how much of the total available resources are being used to produce goods or services at a given point in time. High capacity utilization indicates efficiency and optimal use of resources, while low capacity utilization may suggest underutilization or inefficiency in production processes. Tracking capacity utilization can provide insights into the health and performance of an economy or business.