Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Spring and Wire Product Manufacturing (NAICS 33261) in the United States

Title Labor Compensation for Manufacturing: Spring and Wire Product Manufacturing (NAICS 33261) in the United States
Series ID IPUEN33261L020000000
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 1620.641
1988-01-01 1723.242
1989-01-01 1697.843
1990-01-01 1736.695
1991-01-01 1738.602
1992-01-01 1969.907
1993-01-01 2103.430
1994-01-01 2078.432
1995-01-01 2255.826
1996-01-01 2276.407
1997-01-01 2362.142
1998-01-01 2553.190
1999-01-01 2521.867
2000-01-01 2621.858
2001-01-01 2391.758
2002-01-01 2433.863
2003-01-01 2441.778
2004-01-01 2398.595
2005-01-01 2453.874
2006-01-01 2478.508
2007-01-01 2451.556
2008-01-01 2377.932
2009-01-01 2002.174
2010-01-01 2107.620
2011-01-01 2143.137
2012-01-01 2063.592
2013-01-01 2111.108
2014-01-01 2141.357
2015-01-01 2227.612
2016-01-01 2266.960
2017-01-01 2380.785
2018-01-01 2432.471
2019-01-01 2321.605
2020-01-01 2205.404
2021-01-01 2381.648
2022-01-01 2536.429
2023-01-01 2632.559

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