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Correlations > Economy Statistics > GSP > Compensation of Employees > Information and data processing services

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Correlations between Economy > GSP > Compensation of Employees > Information and data processing services ...

Variable Strength
...and  Economy > GSP > Nominal GSP > Information and data processing services 100% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Information and data processing services 100% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Information and data processing services 98% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Broadcasting and telecommunications 85% [plot | correlate | graph]
...and  Economy > Gross State Product > Current Dollars 82% [plot | correlate | graph]
...and  Military > Iraq War Costs 81% [plot | correlate | graph]
...and  Military > Cost of the Military 81% [plot | correlate | graph]
...and  Military > Cost of Nuclear Weapons 81% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Other services, except government 81% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Other services, except government 81% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Other services, except government 81% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Local Revenue- Subtotal 80% [plot | correlate | graph]
...and  Economy > Personal income 80% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Other services, except government 80% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Broadcasting and telecommunications 80% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Broadcasting and telecommunications 80% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Teachers 80% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Other professional, scientific and technical services 79% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Other professional, scientific and technical services 79% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Other professional, scientific and technical services 79% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Wholesale trade 78% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Computer systems design and related services 78% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Wholesale trade 78% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Wholesale trade 78% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Construction 77% [plot | correlate | graph]
...and  Government > Seats in the House of Representatives 77% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Wholesale trade 77% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Construction 77% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Construction 77% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Staff 77% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > State and local 77% [plot | correlate | graph]
...and  Industry > Industrial firms > Total number of employees 77% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > State and local 77% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Broadcasting and telecommunications 77% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Food services and drinking places 77% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Retail trade 77% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Real estate 77% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Total Revenue from All Sources 76% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Educational services 76% [plot | correlate | graph]
...and  Government > Electoral Votes 76% [plot | correlate | graph]
...and  Industry > Industrial firms > Total number of establishments 76% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Retail trade 76% [plot | correlate | graph]
...and  People > Population 76% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > State and local 76% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Current Expenditures 76% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Retail trade 76% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Retail trade 76% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Real estate 76% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Real estate 76% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Food services and drinking places 76% [plot | correlate | graph]
Average: 79%

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: Information and data processing services, 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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