Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Plastics Product Manufacturing (NAICS 3261) in the United States

Title Labor Compensation for Manufacturing: Plastics Product Manufacturing (NAICS 3261) in the United States
Series ID IPUEN3261L020000000
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 9:18 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 15732.949
1988-01-01 17071.699
1989-01-01 18376.418
1990-01-01 19504.509
1991-01-01 20107.136
1992-01-01 21706.289
1993-01-01 23030.611
1994-01-01 24433.980
1995-01-01 25595.294
1996-01-01 26731.626
1997-01-01 28493.670
1998-01-01 29676.409
1999-01-01 31221.411
2000-01-01 32326.081
2001-01-01 31464.540
2002-01-01 31922.979
2003-01-01 32140.950
2004-01-01 32140.183
2005-01-01 33031.827
2006-01-01 33570.111
2007-01-01 34215.279
2008-01-01 32420.669
2009-01-01 28109.119
2010-01-01 29223.569
2011-01-01 30023.466
2012-01-01 32001.480
2013-01-01 32903.087
2014-01-01 34165.281
2015-01-01 35759.493
2016-01-01 36784.548
2017-01-01 38184.423
2018-01-01 39456.283
2019-01-01 40467.504
2020-01-01 41411.938
2021-01-01 43662.123
2022-01-01 47076.139
2023-01-01 48002.366

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