Federal Reserve Economic Data

Table Data - Labor Compensation for Wholesale Trade: Farm Product Raw Material Merchant Wholesalers (NAICS 4245) in the United States

Title Labor Compensation for Wholesale Trade: Farm Product Raw Material Merchant Wholesalers (NAICS 4245) in the United States
Series ID IPUGN4245L020000000
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 2024-12-02 2:16 PM CST
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 1801.117
1988-01-01 1982.857
1989-01-01 2064.457
1990-01-01 2083.352
1991-01-01 2128.606
1992-01-01 2243.686
1993-01-01 2261.558
1994-01-01 2266.196
1995-01-01 2364.275
1996-01-01 2369.168
1997-01-01 2411.599
1998-01-01 2562.402
1999-01-01 2606.925
2000-01-01 2708.348
2001-01-01 2909.523
2002-01-01 3022.601
2003-01-01 3143.287
2004-01-01 3015.005
2005-01-01 3397.071
2006-01-01 3406.057
2007-01-01 3460.116
2008-01-01 4097.658
2009-01-01 4336.202
2010-01-01 4500.832
2011-01-01 4840.450
2012-01-01 4965.486
2013-01-01 5156.393
2014-01-01 5152.881
2015-01-01 5183.611
2016-01-01 4941.489
2017-01-01 5199.678
2018-01-01 5036.217
2019-01-01 4667.825
2020-01-01 4820.358
2021-01-01 4935.085
2022-01-01 5520.748
2023-01-01 5769.068

Subscribe to the FRED newsletter


Follow us

Back to Top