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Title:               Labor Compensation for Manufacturing: Bakeries and Tortilla Manufacturing (NAICS 3118) in the United States
Series ID:           IPUEN3118U110000000
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 9:19 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   52.487
1988-01-01   54.736
1989-01-01   58.084
1990-01-01   57.737
1991-01-01   60.117
1992-01-01   64.590
1993-01-01   67.001
1994-01-01   68.209
1995-01-01   69.605
1996-01-01   71.624
1997-01-01   70.172
1998-01-01   73.918
1999-01-01   77.067
2000-01-01   80.081
2001-01-01   82.420
2002-01-01   83.769
2003-01-01   82.706
2004-01-01   82.475
2005-01-01   81.247
2006-01-01   83.284
2007-01-01   81.738
2008-01-01   85.813
2009-01-01   82.692
2010-01-01   84.489
2011-01-01   84.253
2012-01-01   87.647
2013-01-01   87.419
2014-01-01   87.745
2015-01-01   89.681
2016-01-01   94.753
2017-01-01  100.000
2018-01-01   99.569
2019-01-01  102.287
2020-01-01  102.367
2021-01-01  109.850
2022-01-01  121.351
2023-01-01  128.418