Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Machine Shops (NAICS 33271) in the United States

Title Labor Compensation for Manufacturing: Machine Shops (NAICS 33271) in the United States
Series ID IPUEN33271U110000000
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 9:16 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 38.421
1988-01-01 39.723
1989-01-01 46.874
1990-01-01 49.666
1991-01-01 49.843
1992-01-01 53.688
1993-01-01 56.057
1994-01-01 62.152
1995-01-01 73.256
1996-01-01 77.756
1997-01-01 75.798
1998-01-01 78.811
1999-01-01 77.733
2000-01-01 82.439
2001-01-01 80.566
2002-01-01 70.736
2003-01-01 70.267
2004-01-01 74.933
2005-01-01 80.231
2006-01-01 88.706
2007-01-01 94.014
2008-01-01 94.894
2009-01-01 77.441
2010-01-01 83.674
2011-01-01 91.611
2012-01-01 96.181
2013-01-01 97.738
2014-01-01 103.165
2015-01-01 101.175
2016-01-01 97.731
2017-01-01 100.000
2018-01-01 103.697
2019-01-01 104.694
2020-01-01 100.208
2021-01-01 102.699

Subscribe to the FRED newsletter


Follow us

Back to Top