Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Leather and Allied Product Manufacturing (NAICS 316) in the United States

Title Labor Compensation for Manufacturing: Leather and Allied Product Manufacturing (NAICS 316) in the United States
Series ID IPUEN316U110000000
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 9:18 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
1987-01-01 191.711
1988-01-01 198.130
1989-01-01 195.389
1990-01-01 198.098
1991-01-01 188.602
1992-01-01 198.973
1993-01-01 200.937
1994-01-01 189.717
1995-01-01 178.387
1996-01-01 173.136
1997-01-01 182.152
1998-01-01 180.798
1999-01-01 174.633
2000-01-01 164.502
2001-01-01 148.060
2002-01-01 116.260
2003-01-01 112.109
2004-01-01 109.427
2005-01-01 113.467
2006-01-01 109.256
2007-01-01 107.306
2008-01-01 103.924
2009-01-01 88.173
2010-01-01 90.850
2011-01-01 92.728
2012-01-01 87.318
2013-01-01 90.631
2014-01-01 90.922
2015-01-01 93.201
2016-01-01 96.336
2017-01-01 100.000
2018-01-01 104.643
2019-01-01 106.170
2020-01-01 99.798
2021-01-01 108.613
2022-01-01 122.457
2023-01-01 126.277

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