Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Computer and Electronic Product Manufacturing (NAICS 334) in the United States

Title Labor Compensation for Manufacturing: Computer and Electronic Product Manufacturing (NAICS 334) in the United States
Series ID IPUEN334L020000000
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 64355.189
1988-01-01 69081.401
1989-01-01 71008.905
1990-01-01 71707.485
1991-01-01 72617.674
1992-01-01 73254.901
1993-01-01 73086.272
1994-01-01 74331.867
1995-01-01 78797.745
1996-01-01 82398.145
1997-01-01 89508.242
1998-01-01 91203.079
1999-01-01 91495.697
2000-01-01 98331.832
2001-01-01 95365.074
2002-01-01 79571.563
2003-01-01 78645.439
2004-01-01 75184.587
2005-01-01 75109.234
2006-01-01 79660.929
2007-01-01 85868.530
2008-01-01 83305.240
2009-01-01 74066.617
2010-01-01 75426.846
2011-01-01 77685.997
2012-01-01 82150.226
2013-01-01 81927.345
2014-01-01 79695.366
2015-01-01 81465.521
2016-01-01 80912.067
2017-01-01 86362.646
2018-01-01 86298.430
2019-01-01 88418.241
2020-01-01 87914.074
2021-01-01 89530.350
2022-01-01 92972.855
2023-01-01 97792.615

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