Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Beverage and Tobacco Product Manufacturing (NAICS 312) in the United States

Title Labor Compensation for Manufacturing: Beverage and Tobacco Product Manufacturing (NAICS 312) in the United States
Series ID IPUEN312L020000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Millions of Dollars
Date Range 1987-01-01 to 2023-01-01
Last Updated 2024-04-26 9:10 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 7254.721
1988-01-01 7472.131
1989-01-01 7582.089
1990-01-01 7516.435
1991-01-01 7802.005
1992-01-01 7927.900
1993-01-01 7961.880
1994-01-01 7860.843
1995-01-01 7972.605
1996-01-01 8217.079
1997-01-01 8819.993
1998-01-01 8884.545
1999-01-01 8659.517
2000-01-01 9168.411
2001-01-01 9245.091
2002-01-01 9136.525
2003-01-01 9211.787
2004-01-01 9332.518
2005-01-01 9727.840
2006-01-01 9561.679
2007-01-01 10050.737
2008-01-01 10232.531
2009-01-01 9605.486
2010-01-01 9662.038
2011-01-01 9834.158
2012-01-01 10346.432
2013-01-01 10935.100
2014-01-01 11296.712
2015-01-01 12350.098
2016-01-01 13249.324
2017-01-01 14559.258
2018-01-01 15579.979
2019-01-01 15879.889
2020-01-01 16203.139
2021-01-01 17741.987
2022-01-01 19435.781
2023-01-01 20480.448

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