Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Other General Purpose Machinery Manufacturing (NAICS 3339) in the United States

Title Labor Compensation for Manufacturing: Other General Purpose Machinery Manufacturing (NAICS 3339) in the United States
Series ID IPUEN3339L020000000
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 9:16 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 10394.408
1988-01-01 11115.809
1989-01-01 11733.703
1990-01-01 12102.679
1991-01-01 12122.480
1992-01-01 12423.991
1993-01-01 13238.075
1994-01-01 13570.347
1995-01-01 14529.185
1996-01-01 15028.445
1997-01-01 16963.446
1998-01-01 17441.986
1999-01-01 17287.134
2000-01-01 17736.786
2001-01-01 16774.700
2002-01-01 16206.191
2003-01-01 16267.441
2004-01-01 16311.844
2005-01-01 17076.050
2006-01-01 17791.086
2007-01-01 19546.690
2008-01-01 19744.608
2009-01-01 17071.091
2010-01-01 17565.726
2011-01-01 18914.047
2012-01-01 21490.538
2013-01-01 22105.030
2014-01-01 22611.410
2015-01-01 23161.983
2016-01-01 23039.594
2017-01-01 24389.389
2018-01-01 25835.656
2019-01-01 26536.939
2020-01-01 25487.915
2021-01-01 26401.105
2022-01-01 28975.129
2023-01-01 30963.531

Subscribe to the FRED newsletter


Follow us

Back to Top