Federal Reserve Economic Data

Table Data - Labor Compensation for Wholesale Trade: Petroleum and Petroleum Products Merchant Wholesalers (NAICS 4247) in the United States

Title Labor Compensation for Wholesale Trade: Petroleum and Petroleum Products Merchant Wholesalers (NAICS 4247) in the United States
Series ID IPUGN4247U110000000
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 2024-12-02 2:18 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 40.301
1988-01-01 44.222
1989-01-01 48.587
1990-01-01 47.815
1991-01-01 46.963
1992-01-01 49.686
1993-01-01 48.705
1994-01-01 49.292
1995-01-01 49.334
1996-01-01 49.289
1997-01-01 52.357
1998-01-01 55.687
1999-01-01 57.178
2000-01-01 60.180
2001-01-01 67.140
2002-01-01 62.958
2003-01-01 60.300
2004-01-01 61.813
2005-01-01 65.366
2006-01-01 71.756
2007-01-01 77.026
2008-01-01 80.707
2009-01-01 79.098
2010-01-01 79.273
2011-01-01 82.278
2012-01-01 87.937
2013-01-01 90.828
2014-01-01 96.523
2015-01-01 105.556
2016-01-01 96.103
2017-01-01 100.000
2018-01-01 108.787
2019-01-01 115.150
2020-01-01 110.492
2021-01-01 109.892
2022-01-01 120.192
2023-01-01 134.272

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