Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Electrical Equipment, Appliance, and Component Manufacturing (NAICS 335) in the United States

Title Labor Compensation for Manufacturing: Electrical Equipment, Appliance, and Component Manufacturing (NAICS 335) in the United States
Series ID IPUEN335L020000000
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 18035.926
1988-01-01 18877.490
1989-01-01 19423.407
1990-01-01 19459.360
1991-01-01 18985.994
1992-01-01 19853.562
1993-01-01 20481.213
1994-01-01 21652.921
1995-01-01 23001.562
1996-01-01 23658.346
1997-01-01 24080.826
1998-01-01 24792.300
1999-01-01 25216.146
2000-01-01 26021.480
2001-01-01 24662.994
2002-01-01 23165.077
2003-01-01 22156.828
2004-01-01 22694.198
2005-01-01 22903.323
2006-01-01 23129.126
2007-01-01 24698.998
2008-01-01 24940.892
2009-01-01 21390.753
2010-01-01 21546.847
2011-01-01 22016.405
2012-01-01 23022.671
2013-01-01 23715.476
2014-01-01 24425.343
2015-01-01 25031.323
2016-01-01 25048.052
2017-01-01 26264.627
2018-01-01 26831.108
2019-01-01 27471.366
2020-01-01 27521.315
2021-01-01 29751.098
2022-01-01 31671.441
2023-01-01 33752.421

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