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Correlations > Economy Statistics > GSP > Chain-type Quantity Indexes > Wholesale trade

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Correlations between Economy > GSP > Chain-type Quantity Indexes > Wholesale trade ...

Variable Strength
...and  Industry > Leather & allied product manufacturing > Annual payroll (per capita) 48% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Annual payroll (per $ GDP) 48% [plot | correlate | graph]
...and  Labor > Leather & allied product manufacturing > Number of employees (per capita) 47% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Production workers wages (per $ GDP) 47% [plot | correlate | graph]
...and  Labor > Leather & allied product manufacturing > Production workers hours (per capita) 45% [plot | correlate | graph]
...and  Labor > Leather & allied product manufacturing > Production workers (average per year) (per capita) 44% [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 > Total cost of materials (per $ GDP) 38% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Value added (per $ GDP) 38% [plot | correlate | graph]
...and  Economy > Total tax burden (per capita) 28% [plot | correlate | graph]
...and  Energy > State Energy Program and Special Projects- Expenditures (per capita) 25% [plot | correlate | graph]
...and  Economy > GSP > Chain-type Quantity Indexes > Motor vehicle, body, trailer, and parts manufacturing 22% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Total capital expenditures (per $ GDP) 22% [plot | correlate | graph]
...and  Health > HCBS Aged & Aged/Disabled (inverse) 22% [plot | correlate | graph]
...and  Industry > Industrial firms > Total number of establishments (per capita) 22% [plot | correlate | graph]
...and  Education > Public Libraries > Electronic Materials Expenditures (per $ GDP) (inverse) 22% [plot | correlate | graph]
...and  Industry > Industrial firms > Percent over 500 employess 21% [plot | correlate | graph]
...and  Economy > GSP > Chain-type Quantity Indexes > Air transportation 21% [plot | correlate | graph]
...and  People > Median Age 21% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Third Grade Students (per capita) (inverse) 21% [plot | correlate | graph]
...and  Education > Public Libraries > Electronic Materials Expenditures (per capita) (inverse) 20% [plot | correlate | graph]
...and  Industry > Industrial firms > Percent over 100 employess 20% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Number of Schools (inverse) 20% [plot | correlate | graph]
...and  Energy > Alternative Fuel Vehicles (inverse) 20% [plot | correlate | graph]
...and  Labor > Percent of Civilian Employed People in the Information Industry (inverse) 20% [plot | correlate | graph]
...and  Military > Total Army Recruits (inverse) 20% [plot | correlate | graph]
...and  Economy > GSP > Chain-type Quantity Indexes > Retail trade 20% [plot | correlate | graph]
...and  People > Percent of People Who Lived in a Different House Within the Same State 1 Year Ago (inverse) 19% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Second Grade Students (per capita) (inverse) 19% [plot | correlate | graph]
...and  Industry > Computer & electronic product manufacturing > Total cost of materials (per $ GDP) 19% [plot | correlate | graph]
...and  Energy > State Energy Program and Special Projects- Expenditures (per $ GDP) 19% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Administrative and support services (per $ GDP) (inverse) 19% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Administrative and support services (per $ GDP) (inverse) 19% [plot | correlate | graph]
...and  Industry > Electrical equipment, appliance, & component manufacturing > Total capital expenditures (per $ GDP) 19% [plot | correlate | graph]
...and  Education > Public Libraries > Circulation of Children's Materials (inverse) 19% [plot | correlate | graph]
...and  People > Percent of People 5 to 20 Years Old With a Disability 18% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Waste management and remediation services (inverse) 18% [plot | correlate | graph]
...and  Health > Total FQHCs (inverse) 18% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Kindergarten Students (per capita) (inverse) 17% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Fifth Grade Students (per capita) (inverse) 17% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total, All Grades- male (inverse) 17% [plot | correlate | graph]
...and  Education > Elementary & Secondary > First Grade Students (per capita) (inverse) 17% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total, All Grades- female (inverse) 17% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Food product manufacturing (inverse) 17% [plot | correlate | graph]
...and  Health > Total Patients Served by FQHCs (inverse) 17% [plot | correlate | graph]
...and  Health > Total FQHCs Service Delivery Sites (inverse) 17% [plot | correlate | graph]
...and  Economy > Total tax burden (per $ GDP) 17% [plot | correlate | graph]
...and  Health > Tobacco use > Former smokers 17% [plot | correlate | graph]
...and  Education > Postsecondary > Number Of Institutions > Public (inverse) 17% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Twelfth Grade Students (inverse) 17% [plot | correlate | graph]
Average: 24%

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: Wholesale trade, 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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