Federal Reserve Economic Data

Table Data - Labor Compensation for Retail Trade: Sporting Goods, Hobby, Book, and Music Stores (NAICS 451) in the United States

Title Labor Compensation for Retail Trade: Sporting Goods, Hobby, Book, and Music Stores (NAICS 451) in the United States
Series ID IPUHN451L020000000
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 6547.991
1988-01-01 7232.693
1989-01-01 7984.141
1990-01-01 8372.800
1991-01-01 8266.834
1992-01-01 8861.494
1993-01-01 9258.057
1994-01-01 9827.856
1995-01-01 10208.802
1996-01-01 10880.136
1997-01-01 11348.667
1998-01-01 12238.024
1999-01-01 12501.877
2000-01-01 13021.571
2001-01-01 13688.390
2002-01-01 13908.346
2003-01-01 14618.611
2004-01-01 14477.463
2005-01-01 14312.352
2006-01-01 14617.335
2007-01-01 15526.668
2008-01-01 15168.547
2009-01-01 14211.396
2010-01-01 14657.631
2011-01-01 14987.299
2012-01-01 14901.735
2013-01-01 15396.686
2014-01-01 16014.302
2015-01-01 17178.918
2016-01-01 16783.950
2017-01-01 16673.933
2018-01-01 16558.135
2019-01-01 16656.294
2020-01-01 16286.857
2021-01-01 18730.005
2022-01-01 19613.797
2023-01-01 20434.692
2024-01-01 21678.022

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