Federal Reserve Economic Data

Table Data - Labor Compensation for Wholesale Trade: Petroleum and Petroleum Products Merchant Wholesalers (NAICS 4247) in the United States

Title Labor Compensation for Wholesale Trade: Petroleum and Petroleum Products Merchant Wholesalers (NAICS 4247) in the United States
Series ID IPUGN4247L020000000
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 3:22 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 4045.396
1988-01-01 4439.006
1989-01-01 4877.161
1990-01-01 4799.693
1991-01-01 4714.083
1992-01-01 4987.445
1993-01-01 4888.969
1994-01-01 4947.881
1995-01-01 4952.159
1996-01-01 4947.599
1997-01-01 5255.557
1998-01-01 5589.852
1999-01-01 5739.554
2000-01-01 6040.845
2001-01-01 6739.454
2002-01-01 6319.712
2003-01-01 6052.938
2004-01-01 6204.746
2005-01-01 6561.429
2006-01-01 7202.848
2007-01-01 7731.890
2008-01-01 8101.338
2009-01-01 7939.883
2010-01-01 7957.425
2011-01-01 8259.072
2012-01-01 8827.096
2013-01-01 9117.241
2014-01-01 9688.945
2015-01-01 10595.695
2016-01-01 9646.778
2017-01-01 10037.972
2018-01-01 10920.023
2019-01-01 11558.762
2020-01-01 11091.140
2021-01-01 11030.933
2022-01-01 12064.794
2023-01-01 13480.591
2024-01-01 13569.085

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