Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Industrial Machinery (NAICS 3332) in the United States

Title Labor Compensation for Manufacturing: Industrial Machinery (NAICS 3332) in the United States
Series ID IPUEN3332U110000000
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 53.809
1988-01-01 58.037
1989-01-01 61.669
1990-01-01 63.887
1991-01-01 63.750
1992-01-01 64.723
1993-01-01 68.593
1994-01-01 75.268
1995-01-01 84.788
1996-01-01 86.340
1997-01-01 90.875
1998-01-01 91.554
1999-01-01 94.653
2000-01-01 105.966
2001-01-01 100.534
2002-01-01 87.047
2003-01-01 82.925
2004-01-01 81.666
2005-01-01 84.170
2006-01-01 90.247
2007-01-01 94.405
2008-01-01 89.393
2009-01-01 77.473
2010-01-01 77.760
2011-01-01 82.667
2012-01-01 80.043
2013-01-01 82.464
2014-01-01 82.880
2015-01-01 87.826
2016-01-01 86.650
2017-01-01 100.000
2018-01-01 106.934
2019-01-01 106.599
2020-01-01 103.815
2021-01-01 111.396
2022-01-01 121.870
2023-01-01 126.019

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