Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Motor Vehicle Parts Manufacturing (NAICS 3363) in the United States

Title Labor Compensation for Manufacturing: Motor Vehicle Parts Manufacturing (NAICS 3363) in the United States
Series ID IPUEN3363L020000000
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 9:16 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 26411.715
1988-01-01 28493.878
1989-01-01 29048.314
1990-01-01 28225.415
1991-01-01 28403.723
1992-01-01 30728.833
1993-01-01 33162.609
1994-01-01 37055.469
1995-01-01 38491.340
1996-01-01 38237.486
1997-01-01 41212.290
1998-01-01 40669.761
1999-01-01 44548.212
2000-01-01 46369.917
2001-01-01 42346.377
2002-01-01 43366.301
2003-01-01 43506.791
2004-01-01 43545.257
2005-01-01 41756.634
2006-01-01 38294.202
2007-01-01 37470.860
2008-01-01 33355.915
2009-01-01 25324.346
2010-01-01 26357.499
2011-01-01 27983.453
2012-01-01 31350.931
2013-01-01 33479.856
2014-01-01 35043.730
2015-01-01 37875.819
2016-01-01 39542.818
2017-01-01 41691.403
2018-01-01 43494.524
2019-01-01 44172.286
2020-01-01 39719.791
2021-01-01 40995.776
2022-01-01 44742.067
2023-01-01 48013.148

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