Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Engine, Turbine, and Power Transmission Equipment Manufacturing (NAICS 3336) in the United States

Title Labor Compensation for Manufacturing: Engine, Turbine, and Power Transmission Equipment Manufacturing (NAICS 3336) in the United States
Series ID IPUEN3336L020000000
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 2023-01-01
Last Updated 2024-04-26 9:09 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 4974.071
1988-01-01 5466.625
1989-01-01 5298.504
1990-01-01 5399.076
1991-01-01 5326.124
1992-01-01 5605.124
1993-01-01 5475.031
1994-01-01 6083.768
1995-01-01 6026.227
1996-01-01 5920.651
1997-01-01 6006.413
1998-01-01 6093.175
1999-01-01 6408.501
2000-01-01 6436.721
2001-01-01 6255.792
2002-01-01 5863.507
2003-01-01 5739.005
2004-01-01 5881.415
2005-01-01 6122.314
2006-01-01 6444.983
2007-01-01 6840.143
2008-01-01 7158.970
2009-01-01 6167.760
2010-01-01 6429.459
2011-01-01 7135.035
2012-01-01 8245.853
2013-01-01 7956.011
2014-01-01 7899.957
2015-01-01 8477.116
2016-01-01 7867.771
2017-01-01 8439.366
2018-01-01 8654.109
2019-01-01 8622.168
2020-01-01 7763.533
2021-01-01 8157.664
2022-01-01 8695.012
2023-01-01 9427.882

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