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Correlations > Economy Statistics > GSP > Compensation of Employees > Rail transportation

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Correlations between Economy > GSP > Compensation of Employees > Rail transportation ...

Variable Strength
...and  Economy > GSP > Nominal GSP > Rail transportation 79% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Rail transportation 79% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Food product manufacturing 61% [plot | correlate | graph]
...and  Industry > Food manufacturing > Annual payroll 60% [plot | correlate | graph]
...and  Industry > Food manufacturing > Total value of shipments 58% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Rail transportation 57% [plot | correlate | graph]
...and  Industry > Food manufacturing > Value added 57% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Truck transportation 56% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Truck transportation 55% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Truck transportation 55% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Truck transportation 54% [plot | correlate | graph]
...and  Industry > Food manufacturing > Total cost of materials 54% [plot | correlate | graph]
...and  Health > Total Hospitals 53% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Number of Schools 51% [plot | correlate | graph]
...and  Health > Number of Nursing Homes 51% [plot | correlate | graph]
...and  Industry > Food manufacturing > Production workers wages 50% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Crop and animal production (Farms) 50% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Crop and animal production (Farms) 50% [plot | correlate | graph]
...and  Health > Current Annual Appropriation 49% [plot | correlate | graph]
...and  Health > Number of Special Care Beds 48% [plot | correlate | graph]
...and  Energy > Electric Power Industry Emissions > SO2 48% [plot | correlate | graph]
...and  Labor > Fabricated metal product manufacturing > Production workers hours 48% [plot | correlate | graph]
...and  Energy > Alternative Fuel Vehicles 46% [plot | correlate | graph]
...and  Industry > Food manufacturing > Total capital expenditures 46% [plot | correlate | graph]
...and  Health > Total Health Clinics 46% [plot | correlate | graph]
...and  Labor > Fabricated metal product manufacturing > Number of employees 46% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Crop and animal production (Farms) 46% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Annual payroll 45% [plot | correlate | graph]
...and  Industry > Machinery manufacturing > Total capital expenditures 45% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Production workers wages 45% [plot | correlate | graph]
...and  Industry > Machinery manufacturing > Value added 45% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Total cost of materials 45% [plot | correlate | graph]
...and  Labor > Food manufacturing > Number of employees 45% [plot | correlate | graph]
...and  Labor > Printing & related support activities > Production workers hours 45% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Total value of shipments 44% [plot | correlate | graph]
...and  Labor > Total Manufacturing > Number of employees 44% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Total value of shipments 44% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Fabricated metal product manufacturing 44% [plot | correlate | graph]
...and  Health > Chlamydia Cases 44% [plot | correlate | graph]
...and  Health > Gonorrhea Cases 44% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Prekindergarten Students 44% [plot | correlate | graph]
...and  Industry > Machinery manufacturing > Total value of shipments 44% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Total cost of materials 44% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Machinery manufacturing 44% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > White 43% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Value added 43% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Fabricated metal product manufacturing 43% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Fabricated metal product manufacturing 43% [plot | correlate | graph]
...and  Education > Public Libraries > Circulation of Children's Materials 43% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Value added 43% [plot | correlate | graph]
Average: 49%

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: Rail transportation, 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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