Federal Reserve Economic Data

Table Data - Labor Compensation for Retail Trade: Convenience Stores (NAICS 44512) in the United States

Title Labor Compensation for Retail Trade: Convenience Stores (NAICS 44512) in the United States
Series ID IPUHN44512U110000000
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 9:14 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 65.450
1988-01-01 64.055
1989-01-01 71.508
1990-01-01 72.950
1991-01-01 72.511
1992-01-01 70.077
1993-01-01 66.755
1994-01-01 64.023
1995-01-01 61.833
1996-01-01 62.727
1997-01-01 62.039
1998-01-01 62.407
1999-01-01 60.538
2000-01-01 67.493
2001-01-01 70.203
2002-01-01 76.811
2003-01-01 75.393
2004-01-01 69.765
2005-01-01 76.761
2006-01-01 77.348
2007-01-01 78.309
2008-01-01 82.028
2009-01-01 77.935
2010-01-01 80.941
2011-01-01 79.684
2012-01-01 82.686
2013-01-01 81.026
2014-01-01 88.941
2015-01-01 95.508
2016-01-01 96.687
2017-01-01 100.000
2018-01-01 92.111
2019-01-01 103.338
2020-01-01 102.352
2021-01-01 110.040
2022-01-01 116.205
2023-01-01 116.529

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