Observations

2024: 6.9

Updated: Apr 24, 2025 3:23 PM CDT

Units:

Percent Change from Year Ago,

Not Seasonally Adjusted

Frequency:

Annual

Notes

Title	Release Dates

Hourly Compensation for Manufacturing: Steel Product Manufacturing from Purchased Steel (NAICS 3312) in the United States	2021-05-27	2025-04-24

Source

U.S. Bureau of Labor Statistics	2021-05-27	2025-04-24

Release

Industry Productivity	2021-05-27	2025-04-24

Units

Percent Change from Year Ago	2021-05-27	2025-04-24

Frequency

Annual	2021-05-27	2025-04-24

Seasonal Adjustment

Not Seasonally Adjusted	2021-05-27	2025-04-24

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.	2021-05-27	2025-04-24

Hourly Compensation for Manufacturing: Steel Product Manufacturing from Purchased Steel (NAICS 3312) in the United States (IPUEN3312U121000000)