Source: National Bureau of Economic Research  

Release: NBER Macrohistory Database  

Units:  Dollars, Not Seasonally Adjusted

Frequency:  Monthly

Data Were Computed From Wage Statistics By NBER, By Dividing Total Compensation For A Month (On An Hourly Basis) By The Number Of Employees At The Middle Of The Month. Source: Interstate Commerce Commission, Bureau Of Statistics, Wage Statistics Of Class I Steam Railroads In The United States, July 1921 And Successive Issues, P.4 Of Each.

This NBER data series m08047 appears on the NBER website in Chapter 8 at http://www.nber.org/databases/macrohistory/contents/chapter08.html.

NBER Indicator: m08047