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 IPUEN333517U110000000
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 75.378
1988-01-01 78.443
1989-01-01 81.758
1990-01-01 82.360
1991-01-01 76.743
1992-01-01 80.147
1993-01-01 80.437
1994-01-01 79.831
1995-01-01 88.365
1996-01-01 91.805
1997-01-01 103.075
1998-01-01 101.246
1999-01-01 96.191
2000-01-01 95.700
2001-01-01 84.430
2002-01-01 65.363
2003-01-01 64.109
2004-01-01 64.761
2005-01-01 68.797
2006-01-01 79.036
2007-01-01 94.734
2008-01-01 89.212
2009-01-01 68.550
2010-01-01 68.663
2011-01-01 77.707
2012-01-01 84.740
2013-01-01 88.503
2014-01-01 87.919
2015-01-01 94.495
2016-01-01 92.371
2017-01-01 100.000
2018-01-01 99.945
2019-01-01 101.787
2020-01-01 95.873
2021-01-01 100.133

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