Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Furniture and Related Product Manufacturing (NAICS 337) in the United States

Title Labor Compensation for Manufacturing: Furniture and Related Product Manufacturing (NAICS 337) in the United States
Series ID IPUEN337U110000000
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 3:28 PM 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 63.881
1988-01-01 66.642
1989-01-01 68.509
1990-01-01 69.253
1991-01-01 66.462
1992-01-01 72.519
1993-01-01 75.990
1994-01-01 79.549
1995-01-01 83.180
1996-01-01 86.445
1997-01-01 93.868
1998-01-01 100.431
1999-01-01 105.232
2000-01-01 109.751
2001-01-01 106.162
2002-01-01 108.132
2003-01-01 105.536
2004-01-01 107.028
2005-01-01 109.434
2006-01-01 111.787
2007-01-01 114.883
2008-01-01 104.071
2009-01-01 80.822
2010-01-01 77.733
2011-01-01 78.129
2012-01-01 82.349
2013-01-01 85.595
2014-01-01 86.590
2015-01-01 93.547
2016-01-01 97.047
2017-01-01 100.000
2018-01-01 104.600
2019-01-01 102.014
2020-01-01 98.020
2021-01-01 101.986
2022-01-01 116.443
2023-01-01 115.376
2024-01-01 117.710

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