Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Metalworking Machinery Manufacturing (NAICS 3335) in the United States

Title Labor Compensation for Manufacturing: Metalworking Machinery Manufacturing (NAICS 3335) in the United States
Series ID IPUEN3335U110000000
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 9:16 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 65.441
1988-01-01 68.871
1989-01-01 74.564
1990-01-01 75.356
1991-01-01 72.188
1992-01-01 77.947
1993-01-01 80.828
1994-01-01 83.934
1995-01-01 94.043
1996-01-01 99.554
1997-01-01 106.169
1998-01-01 108.218
1999-01-01 105.689
2000-01-01 107.245
2001-01-01 97.064
2002-01-01 88.823
2003-01-01 84.869
2004-01-01 85.575
2005-01-01 88.849
2006-01-01 91.023
2007-01-01 95.717
2008-01-01 92.769
2009-01-01 72.167
2010-01-01 76.224
2011-01-01 83.536
2012-01-01 88.073
2013-01-01 90.010
2014-01-01 92.431
2015-01-01 95.718
2016-01-01 95.042
2017-01-01 100.000
2018-01-01 102.138
2019-01-01 100.031
2020-01-01 94.078
2021-01-01 96.656
2022-01-01 101.469
2023-01-01 103.684

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