Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Metal Valve Manufacturing (NAICS 33291) in the United States

Title Labor Compensation for Manufacturing: Metal Valve Manufacturing (NAICS 33291) in the United States
Series ID IPUEN33291L020000000
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 3510.186
1988-01-01 3849.391
1989-01-01 3986.454
1990-01-01 4242.059
1991-01-01 4319.651
1992-01-01 4319.651
1993-01-01 4440.195
1994-01-01 4716.825
1995-01-01 5050.423
1996-01-01 5016.482
1997-01-01 5589.266
1998-01-01 5804.923
1999-01-01 5650.639
2000-01-01 5719.721
2001-01-01 5601.780
2002-01-01 5581.115
2003-01-01 5449.175
2004-01-01 5663.940
2005-01-01 5811.588
2006-01-01 5961.509
2007-01-01 6261.129
2008-01-01 6603.722
2009-01-01 5614.296
2010-01-01 5921.351
2011-01-01 6288.627
2012-01-01 7027.455
2013-01-01 7288.158
2014-01-01 7314.467
2015-01-01 7184.691
2016-01-01 6857.644
2017-01-01 7088.176
2018-01-01 7637.047
2019-01-01 7295.285
2020-01-01 6807.089
2021-01-01 7191.341

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