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Correlations > Economy Statistics > GSP > Chain-type Quantity Indexes > Accommodation

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Correlations between Economy > GSP > Chain-type Quantity Indexes > Accommodation ...

Variable Strength
...and  Labor > Leather & allied product manufacturing > Number of employees (per capita) 43% [plot | correlate | graph]
...and  Labor > Leather & allied product manufacturing > Production workers (average per year) (per capita) 43% [plot | correlate | graph]
...and  Labor > Leather & allied product manufacturing > Production workers hours (per capita) 43% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Production workers wages (per $ GDP) 42% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Total value of shipments (per $ GDP) 39% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Value added (per $ GDP) 35% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Annual payroll (per $ GDP) 34% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Total cost of materials (per $ GDP) 33% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Annual payroll (per capita) 30% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Administrative and support services (per $ GDP) (inverse) 27% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Administrative and support services (per $ GDP) (inverse) 27% [plot | correlate | graph]
...and  Labor > Nonmetallic mineral product manufacturing > Production workers (average per year) (inverse) 27% [plot | correlate | graph]
...and  Labor > Electrical equipment, appliance, & component manufacturing > Production workers (average per year) (inverse) 26% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Oil and gas extraction (per capita) 24% [plot | correlate | graph]
...and  Labor > Miscellaneous manufacturing > Number of employees (inverse) 24% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Total value of shipments (inverse) 24% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Oil and gas extraction (per capita) 24% [plot | correlate | graph]
...and  Labor > Miscellaneous manufacturing > Production workers hours (inverse) 24% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Oil and gas extraction (per capita) 24% [plot | correlate | graph]
...and  Health > Occupational Fatality Rate 23% [plot | correlate | graph]
...and  Labor > Miscellaneous manufacturing > Production workers (average per year) (inverse) 23% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Performing arts, museums, and related activities (per $ GDP) 23% [plot | correlate | graph]
...and  Industry > Food manufacturing > Annual payroll (inverse) 23% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Production workers wages (inverse) 23% [plot | correlate | graph]
...and  Labor > Food manufacturing > Number of employees (inverse) 23% [plot | correlate | graph]
...and  Economy > GSP > Chain-type Quantity Indexes > Motor vehicle, body, trailer, and parts manufacturing 23% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Total capital expenditures (inverse) 23% [plot | correlate | graph]
...and  Health > ADAP Insurance Purchasing/Maintenance Funds (inverse) 23% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Annual payroll (inverse) 22% [plot | correlate | graph]
...and  Education > Postsecondary > Number Of Institutions > Total Degree Granting Title IV Eligible (inverse) 22% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Value added (inverse) 22% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Miscellaneous manufacturing (inverse) 22% [plot | correlate | graph]
...and  Economy > Total tax burden (inverse) 21% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Total capital expenditures (per $ GDP) 21% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Total cost of materials (inverse) 21% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > Graduate (inverse) 21% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Publishing including software (per $ GDP) (inverse) 21% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students- White, non-Hispanic (inverse) 21% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Food product manufacturing (inverse) 21% [plot | correlate | graph]
...and  Education > Postsecondary > Number Of Institutions > Two Year (inverse) 20% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Bachelors (inverse) 20% [plot | correlate | graph]
...and  Government > Seats in the House of Representatives (inverse) 20% [plot | correlate | graph]
...and  Industry > Machinery manufacturing > Total cost of materials (inverse) 20% [plot | correlate | graph]
...and  Labor > Total Manufacturing > Number of employees (inverse) 20% [plot | correlate | graph]
...and  Labor > Machinery manufacturing > Production workers hours (inverse) 20% [plot | correlate | graph]
...and  Economy > GSP > Chain-type Quantity Indexes > Retail trade 20% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Oil and gas extraction (per $ GDP) 20% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Total capital expenditures (inverse) 20% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Total (inverse) 20% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > State Revenues (inverse) 20% [plot | correlate | graph]
Average: 25%

About Correlations:

A correlation is a statistical measure of similarity between at least two given sets of data. StateMaster's correlations compare two variables from our database and reveal statistical relationships between them. The percentages you see represent the strength (or likelihood) that a change in the topic variable is matched by a change in the listed variables below it. But remember: These correlations do not imply causation, that is, one does not necessarily cause the other. Also, not all variables contain all states, rather subsets of states matched together.

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NOTES:

  • Outliers have been removed only where they are outside 3 standard deviations of the mean.
  • Only variable pairs where at least 15 states match for each have been considered.
  • Strength is given by the correlation coefficient (R squared). It is the fraction of variation in Y that can be attributed to the variation in X. 100% signifies a perfect fit (R squared of 1). The top 50 such stats are displayed



DEFINITION: Accommodation, Chain-type Quantity Indexes (2000 = 100) A quantity index is an index number that measures the change in the level of a quantity from a base year, apart from anychanges in relative prices. The value of the quantity index is 100 for the base year.The Bureau of Economic Analysis uses chain-type annual-weighted indexes, also known as Fisher indexes, as its measure of realoutput and prices. These measures allow for the effects of changes in relative prices and in the composition of output overtime, thereby eliminating a major source of bias inherent in fixed-weight indexes.

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