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Correlations > Economy Statistics > GSP > Compensation of Employees > Motion picture and sound recording industries

DEFINITION: Motion picture and sound recording industries, 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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Correlations between Economy > GSP > Compensation of Employees > Motion picture and sound recording industries ...

Variable Strength
...and  Economy > GSP > Nominal GSP > Motion picture and sound recording industries 100% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Motion picture and sound recording industries 100% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Motion picture and sound recording industries 93% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Performing arts, museums, and related activities 90% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Total capital expenditures 83% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Performing arts, museums, and related activities 83% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Performing arts, museums, and related activities 82% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Performing arts, museums, and related activities 81% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Individualized Education Program 79% [plot | correlate | graph]
...and  Health > Persons with AIDS Pediatric 79% [plot | correlate | graph]
...and  Health > Number of Abortions 79% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Reduced-price Lunch Eligible 77% [plot | correlate | graph]
...and  Health > Total ADAP Prescriptions Filled 77% [plot | correlate | graph]
...and  Health > Total ADAP Budget 75% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Social assistance 75% [plot | correlate | graph]
...and  Health > Total State Health Care Spending 73% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Free Lunch Eligible 73% [plot | correlate | graph]
...and  Health > Persons with AIDS Adult/Adolescent 72% [plot | correlate | graph]
...and  Health > Persons Living with AIDS All Ages 72% [plot | correlate | graph]
...and  Health > Cumulative AIDS Cases Adult/Adolescent 71% [plot | correlate | graph]
...and  Health > CARE Act Total Funding 71% [plot | correlate | graph]
...and  Health > Cumulative AIDS Cases All Ages 71% [plot | correlate | graph]
...and  Health > Deaths Among Persons with AIDS 70% [plot | correlate | graph]
...and  Labor > Percent of Workers Who Traveled to Work by Public Transportation 70% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Motion picture and sound recording industries (per $ GDP) 69% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Real estate 69% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Nonresident Alien 69% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Motion picture and sound recording industries (per $ GDP) 68% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Legal services 68% [plot | correlate | graph]
...and  Health > Total Medicaid Spending, FY2004 68% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Apparel manufacturing 67% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Social assistance 67% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Legal services 67% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Legal services 67% [plot | correlate | graph]
...and  Education > Elementary & Secondary > LEP/ELL Students 67% [plot | correlate | graph]
...and  Health > New AIDS Cases Adult/Adolescent 66% [plot | correlate | graph]
...and  Health > New AIDS Cases All Ages 66% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Other professional, scientific and technical services 66% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Social assistance 66% [plot | correlate | graph]
...and  Energy > Renewable Hydroelectric Production 66% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Social assistance 66% [plot | correlate | graph]
...and  Health > ADAP Total Drug Expenditures 66% [plot | correlate | graph]
...and  Health > Total FQHC Encounters or Visits 64% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Management of companies and enterprises 63% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Management of companies and enterprises 63% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Ambulatory health care services 63% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Broadcasting and telecommunications 62% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Masters 62% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Federal Reserve banks, credit intermediation and related services 61% [plot | correlate | graph]
...and  Health > Current Monthly Enrollment, June 2004 61% [plot | correlate | graph]
Average: 72%

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

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

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