Federal Reserve Economic Data

Hourly Compensation for Manufacturing: Metalworking Machinery Manufacturing (NAICS 33351) in the United States (IPUEN33351U120000000)

Observation:

2023: 118.554 (+ more)   Updated: Apr 26, 2024 9:16 AM CDT
2023:  118.554  
2022:  115.217  
2021:  112.525  
2020:  107.587  
2019:  97.379  
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Units:

Index 2017=100,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Industry Productivity  

Units:  Index 2017=100, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Hourly compensation is the sum of wage and salary accruals and supplements to wages and salaries per hour of labor services used to produce output. Wage and salary accruals consist of the monetary remuneration of employees. Supplements to wages and salaries consist of employer contributions for social insurance and employer payments (including payments in kind) to private pension and profit-sharing plans, group health and life insurance plans, privately administered workers' compensation plans.

Suggested Citation:

U.S. Bureau of Labor Statistics, Hourly Compensation for Manufacturing: Metalworking Machinery Manufacturing (NAICS 33351) in the United States [IPUEN33351U120000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN33351U120000000, .

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