Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Forging and Stamping (NAICS 33211) in the United States

Title Labor Compensation for Manufacturing: Forging and Stamping (NAICS 33211) in the United States
Series ID IPUEN33211L020000000
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 9:17 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 4445.270
1988-01-01 4664.977
1989-01-01 4966.875
1990-01-01 5034.331
1991-01-01 5024.909
1992-01-01 5059.890
1993-01-01 5198.109
1994-01-01 5514.239
1995-01-01 5806.815
1996-01-01 6097.086
1997-01-01 6488.390
1998-01-01 6858.244
1999-01-01 6796.001
2000-01-01 6995.662
2001-01-01 6586.116
2002-01-01 5986.079
2003-01-01 5880.232
2004-01-01 6243.640
2005-01-01 6490.352
2006-01-01 6755.985
2007-01-01 7252.657
2008-01-01 7390.345
2009-01-01 5961.961
2010-01-01 6285.141
2011-01-01 6669.066
2012-01-01 7279.377
2013-01-01 7394.821
2014-01-01 7611.649
2015-01-01 7627.694
2016-01-01 7428.541
2017-01-01 7292.519
2018-01-01 7555.067
2019-01-01 7509.154
2020-01-01 6776.352
2021-01-01 6941.841
2022-01-01 7529.343
2023-01-01 7720.966

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