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Correlations > Economy Statistics > GSP > Chain-type Quantity Indexes > Management of companies and enterprises

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Correlations between Economy > GSP > Chain-type Quantity Indexes > Management of companies and enterprises ...

Variable Strength
...and  Industry > Petroleum & coal products manufacturing > Total capital expenditures 58% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Total cost of materials 57% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Total value of shipments 55% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Value added (per $ GDP) 54% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Production workers wages 52% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Production workers (average per year) 48% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Production workers hours 47% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Total value of shipments (per $ GDP) 46% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Annual payroll 45% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Number of employees 44% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Total cost of materials (per $ GDP) 43% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Value added 42% [plot | correlate | graph]
...and  Education > Elementary & Secondary > LEP/ELL Students 33% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students- Hispanic 31% [plot | correlate | graph]
...and  People > Total Hispanic Population 30% [plot | correlate | graph]
...and  Industry > Computer & electronic product manufacturing > Total cost of materials 28% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > Hispanic 26% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Petroleum and coal products manufacturing (per $ GDP) 26% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Petroleum and coal products manufacturing (per $ GDP) 25% [plot | correlate | graph]
...and  Health > Percent with some health care coverage (inverse) 24% [plot | correlate | graph]
...and  Geography > Land area 24% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Total capital expenditures (per $ GDP) 24% [plot | correlate | graph]
...and  Geography > Total area 23% [plot | correlate | graph]
...and  Industry > Computer & electronic product manufacturing > Total capital expenditures 23% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Rail transportation 23% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Hispanic 22% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Intermediate Revenues (per capita) 22% [plot | correlate | graph]
...and  People > Population > Change in numbers, 2000-2005 22% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Free Lunch Eligible 21% [plot | correlate | graph]
...and  Industry > Computer & electronic product manufacturing > Total value of shipments 21% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Petroleum and coal products manufacturing (per capita) 21% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Petroleum and coal products manufacturing (per capita) 21% [plot | correlate | graph]
...and  Labor > Leather & allied product manufacturing > Number of employees (inverse) 21% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Management of companies and enterprises (per $ GDP) 21% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Rental and leasing services and lessors of intangible assets 20% [plot | correlate | graph]
...and  Military > Total Navy Recruits 20% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Rental and leasing services and lessors of intangible assets 19% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Rental and leasing services and lessors of intangible assets 19% [plot | correlate | graph]
...and  People > Percent of Foreign Population Born in Latin America 18% [plot | correlate | graph]
...and  Energy > Alternative Fuel Vehicles 18% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Total cost of materials (per $ GDP) 18% [plot | correlate | graph]
...and  Labor > Computer & electronic product manufacturing > Production workers (average per year) (per capita) (inverse) 18% [plot | correlate | graph]
...and  Health > Percent Who Are Immunized (inverse) 17% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Reduced-price Lunch Eligible 17% [plot | correlate | graph]
...and  People > Percent of Foreign Population Born in Europe (inverse) 17% [plot | correlate | graph]
...and  Crime > State and Federal prisoners held in local jails 17% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Non-Instructional Expend.- Subtotal 16% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Rental and leasing services and lessors of intangible assets (per $ GDP) 16% [plot | correlate | graph]
...and  Health > Health Index (inverse) 16% [plot | correlate | graph]
...and  Military > Total Navy Recruits (per capita) 16% [plot | correlate | graph]
Average: 28%

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: Management of companies and enterprises, 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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