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Title:               Labor Compensation for Manufacturing: Audio and Video Equipment Manufacturing (NAICS 33431) in the United States
Series ID:           IPUEN33431L020000000
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 9:16 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   742.131
1988-01-01   824.514
1989-01-01   893.965
1990-01-01   900.211
1991-01-01   932.541
1992-01-01   956.259
1993-01-01   999.466
1994-01-01   966.585
1995-01-01  1129.887
1996-01-01  1060.917
1997-01-01  1154.368
1998-01-01  1204.522
1999-01-01  1214.366
2000-01-01  1182.618
2001-01-01  1171.370
2002-01-01  1178.871
2003-01-01  1156.223
2004-01-01  1027.936
2005-01-01  1068.752
2006-01-01  1043.939
2007-01-01   975.090
2008-01-01   855.840
2009-01-01   621.304
2010-01-01   452.450
2011-01-01   520.492
2012-01-01   674.874
2013-01-01   673.706
2014-01-01   654.223
2015-01-01   688.505
2016-01-01   662.436
2017-01-01   727.765
2018-01-01   798.325
2019-01-01   802.801
2020-01-01   733.947
2021-01-01   808.799
2022-01-01   625.677
2023-01-01   567.592