Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Cutlery and Handtool Manufacturing (NAICS 3322) in the United States

Title Labor Compensation for Manufacturing: Cutlery and Handtool Manufacturing (NAICS 3322) in the United States
Series ID IPUEN3322U110000000
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 88.129
1988-01-01 95.260
1989-01-01 98.600
1990-01-01 101.576
1991-01-01 101.386
1992-01-01 104.150
1993-01-01 110.935
1994-01-01 113.358
1995-01-01 124.129
1996-01-01 131.159
1997-01-01 134.017
1998-01-01 138.337
1999-01-01 139.310
2000-01-01 141.292
2001-01-01 131.722
2002-01-01 129.269
2003-01-01 123.179
2004-01-01 117.311
2005-01-01 116.204
2006-01-01 116.999
2007-01-01 123.696
2008-01-01 120.657
2009-01-01 97.629
2010-01-01 95.767
2011-01-01 94.369
2012-01-01 95.975
2013-01-01 97.275
2014-01-01 97.837
2015-01-01 99.281
2016-01-01 98.984
2017-01-01 100.000
2018-01-01 100.894
2019-01-01 101.009
2020-01-01 96.351
2021-01-01 103.266
2022-01-01 107.818
2023-01-01 106.598

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