Federal Reserve Economic Data

Table Data - Hourly Compensation for Manufacturing: Steel Product Manufacturing from Purchased Steel (NAICS 3312) in the United States

Title Hourly Compensation for Manufacturing: Steel Product Manufacturing from Purchased Steel (NAICS 3312) in the United States
Series ID IPUEN3312U120000000
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 2024-01-01
Last Updated 2025-04-24 3:30 PM CDT
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.
DATE VALUE
1987-01-01 46.230
1988-01-01 48.784
1989-01-01 48.532
1990-01-01 51.902
1991-01-01 56.098
1992-01-01 59.452
1993-01-01 62.648
1994-01-01 61.036
1995-01-01 62.799
1996-01-01 64.804
1997-01-01 63.823
1998-01-01 65.092
1999-01-01 61.146
2000-01-01 63.340
2001-01-01 70.211
2002-01-01 68.502
2003-01-01 69.091
2004-01-01 68.466
2005-01-01 67.167
2006-01-01 62.378
2007-01-01 72.251
2008-01-01 78.113
2009-01-01 78.388
2010-01-01 80.531
2011-01-01 80.525
2012-01-01 88.826
2013-01-01 87.570
2014-01-01 88.010
2015-01-01 88.200
2016-01-01 94.689
2017-01-01 100.000
2018-01-01 101.323
2019-01-01 102.319
2020-01-01 106.996
2021-01-01 107.671
2022-01-01 142.430
2023-01-01 143.957
2024-01-01 153.823

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