Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Sheet Metal Work (NAICS 332322) in the United States

Title Labor Compensation for Manufacturing: Sheet Metal Work (NAICS 332322) in the United States
Series ID IPUEN332322L020000000
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 2021-01-01
Last Updated 2023-03-06 12:17 PM CST
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 2744.081
1988-01-01 2993.818
1989-01-01 2982.837
1990-01-01 3118.334
1991-01-01 3141.504
1992-01-01 3529.961
1993-01-01 3590.909
1994-01-01 3737.084
1995-01-01 4038.199
1996-01-01 4278.466
1997-01-01 4923.510
1998-01-01 5227.646
1999-01-01 5344.204
2000-01-01 5799.049
2001-01-01 5432.050
2002-01-01 4688.441
2003-01-01 4692.745
2004-01-01 4862.370
2005-01-01 5098.480
2006-01-01 5567.247
2007-01-01 6177.485
2008-01-01 6098.668
2009-01-01 5070.576
2010-01-01 5061.089
2011-01-01 5137.565
2012-01-01 5605.955
2013-01-01 5789.551
2014-01-01 6137.042
2015-01-01 6234.857
2016-01-01 6363.732
2017-01-01 6856.452
2018-01-01 6952.200
2019-01-01 7280.378
2020-01-01 7316.497
2021-01-01 7758.955

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