Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Primary Metal Manufacturing (NAICS 331) in the United States

Title Labor Compensation for Manufacturing: Primary Metal Manufacturing (NAICS 331) in the United States
Series ID IPUEN331U110000000
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 9:17 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 77.492
1988-01-01 84.536
1989-01-01 88.215
1990-01-01 89.822
1991-01-01 88.012
1992-01-01 88.834
1993-01-01 91.261
1994-01-01 96.019
1995-01-01 99.006
1996-01-01 100.945
1997-01-01 103.178
1998-01-01 103.947
1999-01-01 101.712
2000-01-01 103.764
2001-01-01 96.505
2002-01-01 93.305
2003-01-01 89.393
2004-01-01 92.327
2005-01-01 93.600
2006-01-01 93.818
2007-01-01 97.278
2008-01-01 99.205
2009-01-01 81.170
2010-01-01 88.842
2011-01-01 96.678
2012-01-01 102.792
2013-01-01 103.130
2014-01-01 104.215
2015-01-01 103.520
2016-01-01 99.728
2017-01-01 100.000
2018-01-01 104.931
2019-01-01 106.344
2020-01-01 95.777
2021-01-01 98.287
2022-01-01 110.128
2023-01-01 117.053

Subscribe to the FRED newsletter


Follow us

Back to Top