Federal Reserve Economic Data: Your trusted data source since 1991

Labor Compensation for Manufacturing: Pump and Compressor Manufacturing (NAICS 33391) in the United States (IPUEN33391L020000000)

Observation:

2021: 5,122.609 (+ more)   Updated: Mar 6, 2023 12:17 PM CST
2021:  5,122.609  
2020:  5,194.983  
2019:  5,558.329  
2018:  5,425.513  
2017:  5,071.955  
View All

Units:

Millions of Dollars,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Industry Productivity  

Units:  Millions of Dollars, Not Seasonally Adjusted

Frequency:  Annual

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.

Suggested Citation:

U.S. Bureau of Labor Statistics, Labor Compensation for Manufacturing: Pump and Compressor Manufacturing (NAICS 33391) in the United States [IPUEN33391L020000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN33391L020000000, May 22, 2024.

RELEASE TABLES

RELATED DATA AND CONTENT

Data Suggestions Based On Your Search

Content Suggestions

Other Formats

Related Categories

Releases

Tags


Subscribe to the FRED newsletter


Follow us

Back to Top
Top