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Correlations > Economy Statistics > GSP > Compensation of Employees > Apparel manufacturing

DEFINITION: Apparel manufacturing, Compensation of Employees (current dollars) Compensation of Employees is a statisical term which refers to the total gross (pre-tax) wages paid by employers to employeesfor work done in an accounting period, such as a quarter or a year. It represents roughly the total labor cost to an employer.
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Showing latest available data.

Correlations between Economy > GSP > Compensation of Employees > Apparel manufacturing ...

Variable Strength
...and  Economy > GSP > Nominal GSP > Apparel manufacturing 95% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Apparel manufacturing 95% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Total cost of materials 93% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Annual payroll 90% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Total value of shipments 89% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Value added 87% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Number of employees 86% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Production workers wages 85% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Production workers hours 85% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Apparel manufacturing 76% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Production workers (average per year) 73% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Total capital expenditures 70% [plot | correlate | graph]
...and  Health > Baseline Dual Eligible Enrollment 70% [plot | correlate | graph]
...and  Health > Persons with AIDS Pediatric 69% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Performing arts, museums, and related activities 68% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Federal Reserve banks, credit intermediation and related services 68% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Federal Reserve banks, credit intermediation and related services 68% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Motion picture and sound recording industries 68% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Motion picture and sound recording industries 68% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Motion picture and sound recording industries 68% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Performing arts, museums, and related activities 65% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Performing arts, museums, and related activities 65% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Performing arts, museums, and related activities 65% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Motion picture and sound recording industries 64% [plot | correlate | graph]
...and  Health > Total ADAP Prescriptions Filled 64% [plot | correlate | graph]
...and  Health > Baseline FFS Drug Payments for Duals 64% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Ambulatory health care services 62% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Educational services 62% [plot | correlate | graph]
...and  Health > Current Monthly Enrollment, June 2004 61% [plot | correlate | graph]
...and  Health > Total SSI Beneficiaries 61% [plot | correlate | graph]
...and  Health > Blind & Disabled SSI 59% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Social assistance 59% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Legal services 59% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Legal services 59% [plot | correlate | graph]
...and  Health > Current Monthly SCHIP Enrollment, Dec 2004 58% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Instruct. Expend.- Subtotal 58% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Legal services 57% [plot | correlate | graph]
...and  Health > Total Nonfederal Physicians 57% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Management of companies and enterprises 57% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Management of companies and enterprises 57% [plot | correlate | graph]
...and  Education > Postsecondary > Number Of Institutions > Four Year 57% [plot | correlate | graph]
...and  Health > Total Medicaid Enrollment, FY2002 56% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Other professional, scientific and technical services 56% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Legal services 56% [plot | correlate | graph]
...and  Health > Aged SSI 56% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Real estate 55% [plot | correlate | graph]
...and  Health > Total Sales for Retail Rx Drugs 55% [plot | correlate | graph]
...and  Energy > Renewable Hydroelectric Production 54% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Nonresident Alien 54% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > State and local 54% [plot | correlate | graph]
Average: 67%

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

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