Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Food Manufacturing (NAICS 311) in the United States

Title Labor Compensation for Manufacturing: Food Manufacturing (NAICS 311) in the United States
Series ID IPUEN311U110000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Index 2017=100
Date Range 1987-01-01 to 2023-01-01
Last Updated 2024-04-26 9:19 AM CDT
Notes Labor compensation, defined as payroll plus supplemental payments, is a measure of the cost to the employer of securing the services of labor. Payroll includes salaries, wages, commissions, dismissal pay, bonuses, vacation and sick leave pay, and compensation in kind. Supplemental payments include both legally required expenditures and payments for voluntary programs. The legally required portion consists primarily of federal old age and survivors’ insurance, unemployment compensation, and workers’ compensation. Payments for voluntary programs include all programs not specifically required by legislation, such as the employer portion of private health insurance and pension plans.
DATE VALUE
1987-01-01 39.748
1988-01-01 41.970
1989-01-01 44.857
1990-01-01 46.258
1991-01-01 48.451
1992-01-01 50.815
1993-01-01 52.254
1994-01-01 53.587
1995-01-01 55.098
1996-01-01 56.119
1997-01-01 55.573
1998-01-01 57.321
1999-01-01 59.419
2000-01-01 61.285
2001-01-01 62.776
2002-01-01 65.501
2003-01-01 66.668
2004-01-01 67.980
2005-01-01 69.950
2006-01-01 70.923
2007-01-01 74.502
2008-01-01 75.725
2009-01-01 75.852
2010-01-01 78.119
2011-01-01 78.314
2012-01-01 81.373
2013-01-01 83.147
2014-01-01 84.857
2015-01-01 88.123
2016-01-01 92.476
2017-01-01 100.000
2018-01-01 101.949
2019-01-01 104.429
2020-01-01 110.583
2021-01-01 116.804
2022-01-01 126.686
2023-01-01 133.374

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