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Correlations > Economy Statistics > GSP > Compensation of Employees > Management of companies and enterprises

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Showing latest available data.

Correlations between Economy > GSP > Compensation of Employees > Management of companies and enterprises ...

Variable Strength
...and  Economy > GSP > Nominal GSP > Management of companies and enterprises 94% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Management of companies and enterprises 94% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Social assistance 83% [plot | correlate | graph]
...and  Education > Public Libraries > ALA-MLS Librarians(FTE) 83% [plot | correlate | graph]
...and  Education > Public Libraries > Total Staff Expenditures 83% [plot | correlate | graph]
...and  Education > Public Libraries > Total Revenue 83% [plot | correlate | graph]
...and  Education > Public Libraries > Total Operating Expenditures 82% [plot | correlate | graph]
...and  Economy > Total tax burden 80% [plot | correlate | graph]
...and  Education > Public Libraries > Other Operating Expenditures 79% [plot | correlate | graph]
...and  Education > Public Libraries > Total Staff(FTE) 79% [plot | correlate | graph]
...and  Education > Public Libraries > Other Staff(FTE) 78% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Hospitals and nursing and residential care facilities 78% [plot | correlate | graph]
...and  Education > Public Libraries > Local Revenue 77% [plot | correlate | graph]
...and  Health > Total Nonfederal Physicians 77% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Hospitals and nursing and residential care facilities 76% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Hospitals and nursing and residential care facilities 76% [plot | correlate | graph]
...and  Education > Public Libraries > Total Collection Expenditures 76% [plot | correlate | graph]
...and  Education > Public Libraries > Total Librarians(FTE) 76% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Federal Reserve banks, credit intermediation and related services 76% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Federal Reserve banks, credit intermediation and related services 76% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Educational services 75% [plot | correlate | graph]
...and  Education > Postsecondary > Number Of Institutions > Four Year 75% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Other professional, scientific and technical services 75% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Other professional, scientific and technical services 75% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Other professional, scientific and technical services 75% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Performing arts, museums, and related activities 75% [plot | correlate | graph]
...and  Health > Total Dentists 75% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > Graduate 74% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Insurance carriers and related activities 74% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Utilities 74% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Instruct. Expend.- Subtotal 74% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Other professional, scientific and technical services 73% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Performing arts, museums, and related activities 73% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Performing arts, museums, and related activities 73% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Real estate 72% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Real estate 72% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Insurance carriers and related activities 72% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Insurance carriers and related activities 72% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Nonresident Alien 72% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > State and local 72% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Doctors 72% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Current Expenditures 71% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Real estate 71% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > State Revenues 71% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Bachelors 71% [plot | correlate | graph]
...and  Health > Total Registered Nurses 71% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > White 71% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Total Expenditures for Education 71% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Total Revenue from All Sources 71% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > First-Professional 71% [plot | correlate | graph]
Average: 76%

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, 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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