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Correlations > Economy Statistics > GSP > Compensation of Employees > Crop and animal production (Farms)

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Correlations between Economy > GSP > Compensation of Employees > Crop and animal production (Farms) ...

Variable Strength
...and  Economy > GSP > Real GSP > Forestry, fishing, and related activities 68% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Forestry, fishing, and related activities 68% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Forestry, fishing, and related activities 66% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Forestry, fishing, and related activities 66% [plot | correlate | graph]
...and  Health > HCBS Aged & Aged/Disabled 53% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Publishing including software 51% [plot | correlate | graph]
...and  Energy > Total Renewable Energy Consumption 50% [plot | correlate | graph]
...and  Health > Total Physician Assistants 44% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Publishing including software 43% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Wood product manufacturing 42% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Wood product manufacturing 42% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Wood product manufacturing 42% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Publishing including software 41% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Publishing including software 41% [plot | correlate | graph]
...and  Health > Number of Abortions 41% [plot | correlate | graph]
...and  Government > 2004 Election > Total voted 41% [plot | correlate | graph]
...and  Industry > Industrial firms > Total number of establishments 40% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > State and local 40% [plot | correlate | graph]
...and  Industry > Wood product manufacturing > Production workers wages 40% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Reduced-price Lunch Eligible 40% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Crop and animal production (Farms) 40% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Crop and animal production (Farms) 40% [plot | correlate | graph]
...and  Government > 2004 Election > Total registered voters 39% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Ambulatory health care services 39% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Twelfth Grade Students 39% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Eleventh Grade Students 39% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > White 39% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Waste management and remediation services 39% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Waste management and remediation services 39% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > Undergraduate 38% [plot | correlate | graph]
...and  Health > Total Medicare Beneficiaries 38% [plot | correlate | graph]
...and  Health > Total Tobacco Funds 38% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Real estate 38% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students- White, non-Hispanic 38% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Total 38% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Retail trade 38% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Administrative and support services 38% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Administrative and support services 38% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Administrative and support services 38% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Amusements, gambling, and recreation 38% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > White 38% [plot | correlate | graph]
...and  Labor > Wood product manufacturing > Number of employees 37% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Retail trade 37% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Retail trade 37% [plot | correlate | graph]
...and  Government > 2004 Election > Voting age population 37% [plot | correlate | graph]
...and  People > Population 37% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Construction 37% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Tenth Grade Students 37% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Construction 37% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Construction 37% [plot | correlate | graph]
Average: 42%

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.

VIEW FOR THIS VARIABLE:

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: Crop and animal production (Farms), 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.

SOURCE: U.S. Department of Commerce, Bureau of Economic Analysis, Regional Economic Analysis Division. Data for 2003.

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