Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Commercial and Service Industry Machinery (NAICS 3333) in the United States

Title Labor Compensation for Manufacturing: Commercial and Service Industry Machinery (NAICS 3333) in the United States
Series ID IPUEN3333U110000000
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 81.847
1988-01-01 86.663
1989-01-01 94.280
1990-01-01 95.375
1991-01-01 93.222
1992-01-01 93.494
1993-01-01 95.059
1994-01-01 94.939
1995-01-01 99.769
1996-01-01 103.561
1997-01-01 98.015
1998-01-01 98.254
1999-01-01 100.059
2000-01-01 94.203
2001-01-01 92.281
2002-01-01 88.233
2003-01-01 85.769
2004-01-01 83.611
2005-01-01 88.163
2006-01-01 90.746
2007-01-01 91.405
2008-01-01 91.728
2009-01-01 88.431
2010-01-01 91.503
2011-01-01 93.631
2012-01-01 99.715
2013-01-01 97.872
2014-01-01 94.429
2015-01-01 98.961
2016-01-01 99.080
2017-01-01 100.000
2018-01-01 103.943
2019-01-01 105.469
2020-01-01 103.522
2021-01-01 109.885
2022-01-01 116.879
2023-01-01 119.803

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