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 IPUEN334513U110000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Index 2012=100
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 60.952
1988-01-01 64.046
1989-01-01 71.389
1990-01-01 73.460
1991-01-01 70.713
1992-01-01 74.223
1993-01-01 75.236
1994-01-01 79.158
1995-01-01 80.198
1996-01-01 82.245
1997-01-01 81.505
1998-01-01 83.103
1999-01-01 80.992
2000-01-01 80.046
2001-01-01 79.317
2002-01-01 78.154
2003-01-01 78.081
2004-01-01 79.010
2005-01-01 85.612
2006-01-01 88.895
2007-01-01 90.608
2008-01-01 91.250
2009-01-01 79.949
2010-01-01 79.939
2011-01-01 84.763
2012-01-01 100.000
2013-01-01 102.159
2014-01-01 105.279
2015-01-01 112.766
2016-01-01 111.187
2017-01-01 100.788
2018-01-01 110.392
2019-01-01 110.942
2020-01-01 109.768
2021-01-01 115.416

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