Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Farm Machinery and Equipment Manufacturing (NAICS 333111) in the United States

Title Labor Compensation for Manufacturing: Farm Machinery and Equipment Manufacturing (NAICS 333111) in the United States
Series ID IPUEN333111U110000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Index 2012=100
Date Range 1987-01-01 to 2021-01-01
Last Updated 2023-03-06 12:21 PM CST
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 39.805
1988-01-01 45.559
1989-01-01 50.095
1990-01-01 53.294
1991-01-01 51.522
1992-01-01 51.895
1993-01-01 54.989
1994-01-01 58.561
1995-01-01 59.711
1996-01-01 64.059
1997-01-01 70.938
1998-01-01 71.172
1999-01-01 63.504
2000-01-01 64.135
2001-01-01 62.892
2002-01-01 62.186
2003-01-01 63.954
2004-01-01 65.573
2005-01-01 66.460
2006-01-01 65.926
2007-01-01 72.963
2008-01-01 79.675
2009-01-01 72.903
2010-01-01 72.679
2011-01-01 86.924
2012-01-01 100.000
2013-01-01 104.874
2014-01-01 107.423
2015-01-01 100.845
2016-01-01 93.721
2017-01-01 98.532
2018-01-01 100.349
2019-01-01 106.776
2020-01-01 106.341
2021-01-01 113.997

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