Notes
Source: U.S. Bureau of Labor Statistics
Release: Industry Productivity
Units:
Frequency:
Notes:
Hourly compensation is the sum of wage and salary accruals and supplements to wages and salaries per hour of labor services used to produce output. Wage and salary accruals consist of the monetary remuneration of employees. Supplements to wages and salaries consist of employer contributions for social insurance and employer payments (including payments in kind) to private pension and profit-sharing plans, group health and life insurance plans, privately administered workers' compensation plans.
Suggested Citation:
U.S. Bureau of Labor Statistics, Hourly Compensation for Manufacturing: Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (NAICS 3345) in the United States [IPUEN3345U120000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN3345U120000000, March 16, 2025.
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