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Title:               Labor Compensation for Manufacturing: Furniture and Related Product Manufacturing (NAICS 337) in the United States
Series ID:           IPUEN337L020000000
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 9:08 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  12735.987
1988-01-01  13286.470
1989-01-01  13658.713
1990-01-01  13807.044
1991-01-01  13250.600
1992-01-01  14458.066
1993-01-01  15150.211
1994-01-01  15859.636
1995-01-01  16583.711
1996-01-01  17234.631
1997-01-01  18714.509
1998-01-01  20022.917
1999-01-01  20980.099
2000-01-01  21881.101
2001-01-01  21165.615
2002-01-01  21558.358
2003-01-01  21040.710
2004-01-01  21338.130
2005-01-01  21817.894
2006-01-01  22286.933
2007-01-01  22904.247
2008-01-01  20748.624
2009-01-01  16113.488
2010-01-01  15497.738
2011-01-01  15576.709
2012-01-01  16417.952
2013-01-01  17065.138
2014-01-01  17263.443
2015-01-01  18650.583
2016-01-01  19348.363
2017-01-01  19937.043
2018-01-01  20854.075
2019-01-01  20338.609
2020-01-01  19522.912
2021-01-01  20304.969
2022-01-01  21653.485
2023-01-01  21453.718