Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Electrical Equipment Manufacturing (NAICS 3353) in the United States

Title Labor Compensation for Manufacturing: Electrical Equipment Manufacturing (NAICS 3353) in the United States
Series ID IPUEN3353U110000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Index 2017=100
Date Range 1987-01-01 to 2023-01-01
Last Updated 2024-04-26 9:15 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 73.343
1988-01-01 76.730
1989-01-01 79.379
1990-01-01 80.895
1991-01-01 80.010
1992-01-01 82.869
1993-01-01 85.253
1994-01-01 90.607
1995-01-01 98.626
1996-01-01 101.622
1997-01-01 99.906
1998-01-01 102.353
1999-01-01 101.684
2000-01-01 101.878
2001-01-01 96.040
2002-01-01 89.546
2003-01-01 84.937
2004-01-01 85.980
2005-01-01 91.202
2006-01-01 91.953
2007-01-01 98.801
2008-01-01 102.545
2009-01-01 87.893
2010-01-01 87.632
2011-01-01 89.631
2012-01-01 93.217
2013-01-01 95.436
2014-01-01 97.457
2015-01-01 97.884
2016-01-01 95.184
2017-01-01 100.000
2018-01-01 102.708
2019-01-01 102.831
2020-01-01 105.941
2021-01-01 116.358
2022-01-01 125.355
2023-01-01 135.117

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