Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Plastics and Rubber Products Manufacturing (NAICS 326) in the United States

Title Labor Compensation for Manufacturing: Plastics and Rubber Products Manufacturing (NAICS 326) in the United States
Series ID IPUEN326L021000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Percent Change from Year Ago
Date Range 1988-01-01 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
1988-01-01 7.7
1989-01-01 7.2
1990-01-01 4.2
1991-01-01 2.3
1992-01-01 8.0
1993-01-01 5.9
1994-01-01 5.4
1995-01-01 4.5
1996-01-01 3.8
1997-01-01 5.4
1998-01-01 4.1
1999-01-01 5.0
2000-01-01 3.5
2001-01-01 -3.1
2002-01-01 1.1
2003-01-01 0.3
2004-01-01 -0.2
2005-01-01 2.2
2006-01-01 0.3
2007-01-01 1.8
2008-01-01 -5.1
2009-01-01 -13.3
2010-01-01 4.8
2011-01-01 2.7
2012-01-01 5.7
2013-01-01 2.8
2014-01-01 3.4
2015-01-01 4.1
2016-01-01 2.6
2017-01-01 3.3
2018-01-01 4.5
2019-01-01 2.3
2020-01-01 0.7
2021-01-01 6.2
2022-01-01 8.2
2023-01-01 2.3

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