Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Hardware Manufacturing (NAICS 33251) in the United States

Title Labor Compensation for Manufacturing: Hardware Manufacturing (NAICS 33251) in the United States
Series ID IPUEN33251U110000000
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
1987-01-01 125.058
1988-01-01 131.235
1989-01-01 127.939
1990-01-01 127.781
1991-01-01 126.787
1992-01-01 133.461
1993-01-01 137.828
1994-01-01 144.720
1995-01-01 145.197
1996-01-01 145.988
1997-01-01 150.836
1998-01-01 146.444
1999-01-01 146.343
2000-01-01 149.979
2001-01-01 140.181
2002-01-01 136.418
2003-01-01 129.794
2004-01-01 126.112
2005-01-01 117.415
2006-01-01 114.633
2007-01-01 109.278
2008-01-01 102.288
2009-01-01 83.356
2010-01-01 78.961
2011-01-01 77.281
2012-01-01 81.241
2013-01-01 83.686
2014-01-01 85.763
2015-01-01 90.906
2016-01-01 93.766
2017-01-01 100.000
2018-01-01 101.661
2019-01-01 100.679
2020-01-01 103.919
2021-01-01 107.544
2022-01-01 116.790
2023-01-01 118.728

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