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Title:               Labor Compensation for Manufacturing: Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (NAICS 3334) in the United States
Series ID:           IPUEN3334L020000000
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 9:09 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   4683.446
1988-01-01   4839.544
1989-01-01   5265.084
1990-01-01   5156.346
1991-01-01   5137.622
1992-01-01   5360.906
1993-01-01   5585.190
1994-01-01   6081.420
1995-01-01   6374.793
1996-01-01   6642.433
1997-01-01   6843.788
1998-01-01   7070.876
1999-01-01   7460.171
2000-01-01   7888.414
2001-01-01   7484.001
2002-01-01   7195.718
2003-01-01   7171.013
2004-01-01   7054.916
2005-01-01   7437.393
2006-01-01   7558.966
2007-01-01   7746.942
2008-01-01   7857.069
2009-01-01   7116.748
2010-01-01   7262.283
2011-01-01   7350.751
2012-01-01   7831.287
2013-01-01   8132.078
2014-01-01   7940.959
2015-01-01   8547.801
2016-01-01   8199.698
2017-01-01   8622.910
2018-01-01   8904.773
2019-01-01   9289.745
2020-01-01   9560.110
2021-01-01   9908.994
2022-01-01  10823.116
2023-01-01  11705.164