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Correlations > Economy Statistics > GSP > Compensation of Employees > Oil and gas extraction

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Showing latest available data.

Correlations between Economy > GSP > Compensation of Employees > Oil and gas extraction ...

Variable Strength
...and  Economy > GSP > Real GSP > Oil and gas extraction 67% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Oil and gas extraction 67% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Oil and gas extraction 58% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > American Indian / Alaska Native 56% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Support activities for mining 53% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > American Indian / Alaska Native 52% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Pipeline transportation 51% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Support activities for mining 49% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Support activities for mining 49% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Rental and leasing services and lessors of intangible assets (per $ GDP) 45% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Rental and leasing services and lessors of intangible assets (per $ GDP) 45% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Support activities for mining 44% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Rental and leasing services and lessors of intangible assets (per $ GDP) 44% [plot | correlate | graph]
...and  People > Total Native Americans 43% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Pipeline transportation 41% [plot | correlate | graph]
...and  Crime > State and Federal prisoners held in private facilities 36% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Rental and leasing services and lessors of intangible assets (per capita) 36% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Rental and leasing services and lessors of intangible assets (per capita) 36% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Petroleum and coal products manufacturing 36% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Support activities for mining (per capita) 35% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Support activities for mining (per capita) 35% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Petroleum and coal products manufacturing 34% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Petroleum and coal products manufacturing 34% [plot | correlate | graph]
...and  Energy > Natural Gas Consumption 34% [plot | correlate | graph]
...and  Military > Army Recruits: Percent Asian 33% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Rental and leasing services and lessors of intangible assets (per capita) 32% [plot | correlate | graph]
...and  Energy > Natural Gas Consumption (per capita) 30% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students- American Indian/Alaskan 30% [plot | correlate | graph]
...and  Crime > Women under the jurisdiction of State or Federal correctional authorities 29% [plot | correlate | graph]
...and  Energy > Natural Gas Consumption (per $ GDP) 29% [plot | correlate | graph]
...and  Health > Birth Rate per 1,000 28% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Prekindergarten Students (per capita) 27% [plot | correlate | graph]
...and  Industry > Textile product mills > Total capital expenditures 26% [plot | correlate | graph]
...and  Energy > Wind Energy Electricity Production (per capita) 26% [plot | correlate | graph]
...and  Energy > Wind Energy Electricity Production (per $ GDP) 25% [plot | correlate | graph]
...and  Military > Air Force Recruits: Percent Other 24% [plot | correlate | graph]
...and  People > Percent of People Who are Two or More Races 23% [plot | correlate | graph]
...and  Health > Percent Who Are Immunized (inverse) 23% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Support activities for mining (per $ GDP) 22% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Support activities for mining (per $ GDP) 22% [plot | correlate | graph]
...and  Health > Nursing Home Occupancy Rates (inverse) 22% [plot | correlate | graph]
...and  Military > DOD Civilian Employees > Salaries & Wages 21% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Total capital expenditures (per $ GDP) (inverse) 21% [plot | correlate | graph]
...and  Military > Navy Recruits: Percent Native American 21% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Oil and gas extraction (per $ GDP) 21% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Oil and gas extraction (per $ GDP) 21% [plot | correlate | graph]
...and  Energy > Geothermal Energy Consumed (per capita) 21% [plot | correlate | graph]
...and  Health > Percent with some health care coverage (inverse) 21% [plot | correlate | graph]
...and  Education > Elementary & Secondary > LEP/ELL Students (per capita) 21% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Furniture and related product manufacturing (per $ GDP) (inverse) 21% [plot | correlate | graph]
Average: 34%

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: Oil and gas extraction, 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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