Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Industrial Process Variable Instruments (NAICS 334513) in the United States

Title Labor Compensation for Manufacturing: Industrial Process Variable Instruments (NAICS 334513) in the United States
Series ID IPUEN334513L020000000
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 1812.329
1988-01-01 1904.327
1989-01-01 2122.670
1990-01-01 2184.236
1991-01-01 2102.583
1992-01-01 2206.934
1993-01-01 2237.064
1994-01-01 2353.668
1995-01-01 2384.602
1996-01-01 2445.465
1997-01-01 2423.470
1998-01-01 2470.975
1999-01-01 2408.204
2000-01-01 2380.082
2001-01-01 2358.388
2002-01-01 2323.815
2003-01-01 2321.646
2004-01-01 2349.259
2005-01-01 2545.572
2006-01-01 2643.198
2007-01-01 2694.112
2008-01-01 2713.202
2009-01-01 2377.187
2010-01-01 2376.893
2011-01-01 2520.317
2012-01-01 2973.384
2013-01-01 3037.583
2014-01-01 3130.344
2015-01-01 3352.978
2016-01-01 3306.026
2017-01-01 2996.818
2018-01-01 3282.367
2019-01-01 3298.738
2020-01-01 3263.831
2021-01-01 3431.759

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