EFIN Employment Cost Index

DataLink to our ECI data
ECI Summary Summary information about the ECI on the Bureau of Labor Statistics web site
Full documentation Full Documentation and News Releases on the Bureau of Labor Statistics web site
Manufacturing Definition Manufacturing SIC group or the NAICS Manufacturing group




EFIN last updated ECI data on: March 2016.

DATA
Manufacturing: Total Compensation SIC
ECU12402I
Quarterly 1979-2005
View Data in text format MS Excel format for download ASCII format for download
NAICS
CIU2013000000000I(B)
Quarterly 2001-Present
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Manufacturing: Wages and Salaries SIC
ECU22402I
Quarterly 1975-2005
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NAICS
CIU2023000000000I
Quarterly 2001-Present
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Manufacturing: Benefits SIC
ECU32402I
Quarterly 1979-2005
View Data MS Excel ASCII
NAICS
CIU2033000000000I
Quarterly 2001-Present
View Data MS Excel ASCII
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ECI Data Source

All Employment Cost Index data are from the US Department of Labor, Bureau of Labor Statistics. They are available at http://146.142.4.24/cgi-bin/srgate using the BLS Series ID provided in the description of the data series.

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General Description of the ECI

The BLS Employment Cost Index Explanatory Note explains:

The Employment Cost Index (ECI) is a measure of the change in the cost of labor, free from the influence of employment shifts among occupations and industries. The compensation series includes changes in wages and salaries and employer costs for employee benefits. The wage and salary series and the benefit cost series provide the change for the two components of compensation.

The June 2000 ECI includes an expanded definition of nonproduction bonuses designed to improve representation of compensation packages offered to employees. In addition to the traditional types of nonproduction bonuses such as attendance bonuses and lump sum payments, the June ECI includes hiring and referral bonuses.

The entire explanatory note is available at http://www.bls.gov/news.release/eci.tn.htm

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Manufacturing Industry Category

This series contains data for the Manufacturing Industry Category, which is based upon SICs 20-39 and after 2005 NAICS 31-33.

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Seasonal Adjustment

These data are NOT seasonally adjusted. Seasonally adjusted data for some series may be obtained from BLS at http://stats.bls.gov/ecthome.htm.

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BLS Resources on the Web

You may find the following websites useful when using the Employment Cost Index:

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Employment Cost Index: Manufacturing: Total Compensation

BLS Series ID: ECU12402I (SIC) or CIU2013000000000I(B) (NAICS)

The BLS Employment Cost Index Explanatory Note explains

The Employment Cost Index (ECI) is a measure of the change in the cost of labor, free from the influence of employment shifts among occupations and industries. The compensation series includes changes in wages and salaries and employer costs for employee benefits. The wage and salary series and the benefit cost series provide the change for the two components of compensation.
The entire explanatory note is available at
http://www.bls.gov/news.release/eci.tn.htm
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Employment Cost Index: Manufacturing: Wages and Salaries

BLS Series ID: ECU22402I (SIC) or CIU2023000000000I (NAICS)

The BLS Employment Cost Index Explanatory Note explains

The Employment Cost Index (ECI) is a measure of the change in the cost of labor, free from the influence of employment shifts among occupations and industries. The compensation series includes changes in wages and salaries and employer costs for employee benefits. The wage and salary series and the benefit cost series provide the change for the two components of compensation.
The entire explanatory note is available at
http://www.bls.gov/news.release/eci.tn.htm
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Employment Cost Index: Manufacturing: Benefits

BLS Series ID: ECU32402I (SIC) or CIU2033000000000I (NAICS)

The BLS Employment Cost Index Explanatory Note explains

The Employment Cost Index (ECI) is a measure of the change in the cost of labor, free from the influence of employment shifts among occupations and industries. The compensation series includes changes in wages and salaries and employer costs for employee benefits. The wage and salary series and the benefit cost series provide the change for the two components of compensation.
The entire explanatory note is available at
http://www.bls.gov/news.release/eci.tn.htm
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