Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Machine Tool Manufacturing (NAICS 333517) in the United States

Title Labor Compensation for Manufacturing: Machine Tool Manufacturing (NAICS 333517) in the United States
Series ID IPUEN333517L020000000
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 12:20 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 1697.291
1988-01-01 1766.308
1989-01-01 1840.951
1990-01-01 1854.513
1991-01-01 1728.032
1992-01-01 1804.684
1993-01-01 1811.214
1994-01-01 1797.551
1995-01-01 1989.734
1996-01-01 2067.189
1997-01-01 2320.954
1998-01-01 2279.765
1999-01-01 2165.943
2000-01-01 2154.892
2001-01-01 1901.127
2002-01-01 1471.793
2003-01-01 1443.541
2004-01-01 1458.241
2005-01-01 1549.116
2006-01-01 1779.655
2007-01-01 2133.137
2008-01-01 2008.786
2009-01-01 1543.547
2010-01-01 1546.090
2011-01-01 1749.729
2012-01-01 1908.091
2013-01-01 1992.837
2014-01-01 1979.683
2015-01-01 2127.756
2016-01-01 2079.922
2017-01-01 2251.710
2018-01-01 2250.471
2019-01-01 2291.955
2020-01-01 2158.773
2021-01-01 2254.708

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