AYABONGA CAWE: View of capacity utilisation gives strong economic insights
Important link with insufficient demand and employment is laid bare
29 May 2023 - 05:00
Stats SA published an important manufacturing survey earlier this month looking at capacity utilisation — the proportion of installed capacity arising from prior investment used by large industrial firms. If we consider a slightly historical view this publication reveals interesting insights.
The main insight from a two-decade view of the publication challenges us to consider the “iron wall” erected in policy debates between industrial and social policy measures, and the important link between insufficient demand, employment and capacity utilisation. ..
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