Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Fabricated Structural Metals (NAICS 332312) in the United States

Title Labor Compensation for Manufacturing: Fabricated Structural Metals (NAICS 332312) in the United States
Series ID IPUEN332312U110000000
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 2021-01-01
Last Updated 2024-04-26 9:09 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 35.438
1988-01-01 38.049
1989-01-01 39.645
1990-01-01 42.564
1991-01-01 42.253
1992-01-01 38.422
1993-01-01 38.671
1994-01-01 39.447
1995-01-01 41.821
1996-01-01 44.346
1997-01-01 50.426
1998-01-01 53.858
1999-01-01 58.635
2000-01-01 59.008
2001-01-01 60.753
2002-01-01 68.558
2003-01-01 65.730
2004-01-01 64.871
2005-01-01 65.785
2006-01-01 74.439
2007-01-01 90.713
2008-01-01 93.169
2009-01-01 76.420
2010-01-01 72.088
2011-01-01 73.049
2012-01-01 77.477
2013-01-01 81.261
2014-01-01 84.316
2015-01-01 90.143
2016-01-01 90.296
2017-01-01 100.000
2018-01-01 103.497
2019-01-01 103.820
2020-01-01 101.816
2021-01-01 106.716

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