Capacity Utilization in 2015
Capacity Utilization opened 2015 at 78.58% and closed at 75.72%, a -3.64% move for the year. The high of 78.58% was reached on January 1, and the low of 75.72% on December 1.
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 78.58% | 78.58% | 78.58% | 78.58% | +0.00% |
| Feb | 78.06% | 78.06% | 78.06% | 78.06% | +0.00% |
| Mar | 77.78% | 77.78% | 77.78% | 77.78% | +0.00% |
| Apr | 77.35% | 77.35% | 77.35% | 77.35% | +0.00% |
| May | 77.01% | 77.01% | 77.01% | 77.01% | +0.00% |
| Jun | 76.78% | 76.78% | 76.78% | 76.78% | +0.00% |
| Jul | 77.29% | 77.29% | 77.29% | 77.29% | +0.00% |
| Aug | 77.17% | 77.17% | 77.17% | 77.17% | +0.00% |
| Sep | 76.98% | 76.98% | 76.98% | 76.98% | +0.00% |
| Oct | 76.63% | 76.63% | 76.63% | 76.63% | +0.00% |
| Nov | 76.08% | 76.08% | 76.08% | 76.08% | +0.00% |
| Dec | 75.72% | 75.72% | 75.72% | 75.72% | +0.00% |
Events During 2015
The PBoC devalued the yuan by 1.9% in a single day on August 11, 2015, the first meaningful devaluation since 1994. Global risk assets convulsed.
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
The Swiss National Bank abandoned its 1.20 EUR/CHF floor on January 15, 2015. The franc immediately surged 30%, blowing up retail FX brokers and exposing the fragility of exchange rate commitments.
Related Metrics
Get historical context as markets unfold, regime classification, scenario triggers, and analysis in your inbox.