Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Other Electrical Equipment and Component Manufacturing (NAICS 3359) in the United States

Title Labor Compensation for Manufacturing: Other Electrical Equipment and Component Manufacturing (NAICS 3359) in the United States
Series ID IPUEN3359U110000000
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 9:16 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 56.039
1988-01-01 59.770
1989-01-01 61.675
1990-01-01 62.063
1991-01-01 60.371
1992-01-01 63.369
1993-01-01 64.357
1994-01-01 67.043
1995-01-01 71.530
1996-01-01 74.556
1997-01-01 78.294
1998-01-01 81.273
1999-01-01 83.434
2000-01-01 88.505
2001-01-01 84.405
2002-01-01 76.247
2003-01-01 72.384
2004-01-01 74.062
2005-01-01 73.535
2006-01-01 76.431
2007-01-01 86.706
2008-01-01 87.785
2009-01-01 75.218
2010-01-01 77.262
2011-01-01 81.220
2012-01-01 85.837
2013-01-01 89.298
2014-01-01 91.941
2015-01-01 96.288
2016-01-01 96.752
2017-01-01 100.000
2018-01-01 102.262
2019-01-01 106.612
2020-01-01 105.832
2021-01-01 112.472
2022-01-01 121.856
2023-01-01 137.508

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