Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Medical Equipment and Supplies Manufacturing (NAICS 3391) in the United States

Title Labor Compensation for Manufacturing: Medical Equipment and Supplies Manufacturing (NAICS 3391) in the United States
Series ID IPUEN3391L020000000
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 2024-01-01
Last Updated 2025-04-24 3:27 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 6214.580
1988-01-01 6721.908
1989-01-01 7384.720
1990-01-01 8200.295
1991-01-01 9072.797
1992-01-01 9900.784
1993-01-01 10413.260
1994-01-01 10449.733
1995-01-01 10600.058
1996-01-01 11087.312
1997-01-01 11789.660
1998-01-01 13143.075
1999-01-01 13171.221
2000-01-01 13869.887
2001-01-01 14279.944
2002-01-01 15502.116
2003-01-01 15872.839
2004-01-01 16081.783
2005-01-01 17034.072
2006-01-01 18561.375
2007-01-01 20356.410
2008-01-01 20918.757
2009-01-01 20593.512
2010-01-01 21216.831
2011-01-01 21410.473
2012-01-01 21240.403
2013-01-01 21857.229
2014-01-01 20397.339
2015-01-01 20499.654
2016-01-01 21178.320
2017-01-01 22200.220
2018-01-01 22698.790
2019-01-01 22430.825
2020-01-01 22094.398
2021-01-01 24110.517
2022-01-01 27266.719
2023-01-01 27850.326
2024-01-01 29234.219

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