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Correlations > Economy Statistics > GSP > Chain-type Quantity Indexes > Hospitals and nursing and residential care facilities

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Correlations between Economy > GSP > Chain-type Quantity Indexes > Hospitals and nursing and residential care facilities ...

Variable Strength
...and  Economy > GSP > Chain-type Quantity Indexes > Food services and drinking places 29% [plot | correlate | graph]
...and  Education > Elementary & Secondary > LEP/ELL Students (per capita) 28% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Annual payroll 28% [plot | correlate | graph]
...and  Industry > Beverage & tobacco product manufacturing > Value added 27% [plot | correlate | graph]
...and  Industry > Beverage & tobacco product manufacturing > Production workers wages 26% [plot | correlate | graph]
...and  People > Population > Percent change, 2000-2005 26% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Production workers wages 25% [plot | correlate | graph]
...and  Industry > Textile product mills > Total capital expenditures 25% [plot | correlate | graph]
...and  Labor > Beverage & tobacco product manufacturing > Production workers hours 25% [plot | correlate | graph]
...and  Health > Avg. Annual % Growth, FY1980-2000 24% [plot | correlate | graph]
...and  Labor > Leather & allied product manufacturing > Production workers (average per year) 23% [plot | correlate | graph]
...and  Industry > Beverage & tobacco product manufacturing > Total value of shipments 22% [plot | correlate | graph]
...and  Labor > Leather & allied product manufacturing > Production workers hours 22% [plot | correlate | graph]
...and  People > Percent of People Who Speak Spanish at Home 22% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Production workers (average per year) 22% [plot | correlate | graph]
...and  Housing > Percent of Occupied Housing Units That Were Moved into in 2000 or Later 21% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students- Hispanic (per capita) 21% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Number of employees 20% [plot | correlate | graph]
...and  Education > Public Libraries > State Revenue (per $ GDP) (inverse) 20% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Production workers wages (per $ GDP) (inverse) 19% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Annual payroll (per capita) (inverse) 19% [plot | correlate | graph]
...and  Health > Outpatient Visits (inverse) 19% [plot | correlate | graph]
...and  Housing > Percent of Housing Units That Were Built in 2000 or Later 19% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Computer and electronic product manufacturing 18% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Production workers hours 18% [plot | correlate | graph]
...and  Economy > GSP > Chain-type Quantity Indexes > Other services, except government 18% [plot | correlate | graph]
...and  Education > Public Libraries > State Revenue (per capita) (inverse) 18% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Value added (per $ GDP) (inverse) 18% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Value added (inverse) 18% [plot | correlate | graph]
...and  Economy > GSP > Chain-type Quantity Indexes > Electrical equipment and appliance manufacturing (inverse) 18% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Annual payroll (per $ GDP) (inverse) 18% [plot | correlate | graph]
...and  Industry > Computer & electronic product manufacturing > Total capital expenditures (per $ GDP) 18% [plot | correlate | graph]
...and  Health > Physician and Supplier Services (inverse) 18% [plot | correlate | graph]
...and  Education > Public Libraries > Audio Materials per 1,000 Population (inverse) 17% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total capital expenditures (per $ GDP) (inverse) 17% [plot | correlate | graph]
...and  People > Percent of People Who are 85 Years and Over (inverse) 17% [plot | correlate | graph]
...and  Economy > GSP > Chain-type Quantity Indexes > Federal Reserve banks, credit intermediation and related services 17% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Total capital expenditures 17% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Production workers hours (per capita) (inverse) 17% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students- American Indian/Alaskan 17% [plot | correlate | graph]
...and  Health > % Point Change in Medicaid (inverse) 16% [plot | correlate | graph]
...and  People > Percent of Foreign Population Born in Latin America 16% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Annual payroll 16% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Computer and electronic product manufacturing (per capita) 16% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Annual payroll (per capita) (inverse) 16% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Computer and electronic product manufacturing (per capita) 16% [plot | correlate | graph]
...and  People > Percent of the Native Population Born in their State of Residence (inverse) 15% [plot | correlate | graph]
...and  People > Percent of People Who are Some Other Race Alone 15% [plot | correlate | graph]
...and  Energy > Total Renewable Energy Produced 15% [plot | correlate | graph]
...and  Industry > Textile product mills > Total value of shipments 15% [plot | correlate | graph]
Average: 20%

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: Hospitals and nursing and residential care facilities, 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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