FACTOID # 1: Puerto Rico has roughly the same gross state product as Montana, Wyoming and North Dakota combined.
 
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Correlations > Economy Statistics > GSP > Compensation of Employees > Securities, commodity contracts, investments

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Correlations between Economy > GSP > Compensation of Employees > Securities, commodity contracts, investments ...

Variable Strength
...and  Economy > GSP > Nominal GSP > Securities, commodity contracts, investments 99% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Securities, commodity contracts, investments 99% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Transit and ground passenger transportation 85% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Transit and ground passenger transportation 84% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Transit and ground passenger transportation 84% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Securities, commodity contracts, investments 83% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Transit and ground passenger transportation 82% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Social assistance 82% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Social assistance 82% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Social assistance 82% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Insurance carriers and related activities 80% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Insurance carriers and related activities 80% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Educational services 80% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Educational services 80% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Educational services 79% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Management of companies and enterprises 76% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Management of companies and enterprises 76% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Hospitals and nursing and residential care facilities 74% [plot | correlate | graph]
...and  Education > Public Libraries > ALA-MLS Librarians(FTE) 74% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Hospitals and nursing and residential care facilities 74% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Hospitals and nursing and residential care facilities 74% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Masters 73% [plot | correlate | graph]
...and  Health > Total Dual Eligible Medicaid Spending 72% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Insurance carriers and related activities 72% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Local Revenue- Subtotal 70% [plot | correlate | graph]
...and  Health > Total Medicaid Spending, FY2004 69% [plot | correlate | graph]
...and  Health > Deaths Among Persons with AIDS 69% [plot | correlate | graph]
...and  Education > Public Libraries > Total Staff Expenditures 68% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Educational services 68% [plot | correlate | graph]
...and  Education > Public Libraries > Total Revenue 67% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Other professional, scientific and technical services 67% [plot | correlate | graph]
...and  Health > Total State Health Care Spending 67% [plot | correlate | graph]
...and  Health > Cumulative AIDS Cases Adult/Adolescent 66% [plot | correlate | graph]
...and  Health > Cumulative AIDS Cases All Ages 66% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > First-Professional 66% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Other professional, scientific and technical services 66% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Other professional, scientific and technical services 66% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Miscellaneous manufacturing 66% [plot | correlate | graph]
...and  Health > Total Registered Nurses 65% [plot | correlate | graph]
...and  Education > Public Libraries > Total Librarians(FTE) 65% [plot | correlate | graph]
...and  Health > CARE Act Total Funding 65% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Printing and related support activities 65% [plot | correlate | graph]
...and  Industry > Printing & related support activities > Annual payroll 65% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Other professional, scientific and technical services 65% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Prekindergarten Students 64% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Utilities 64% [plot | correlate | graph]
...and  Education > Public Libraries > Total Operating Expenditures 64% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Accommodation 64% [plot | correlate | graph]
...and  Health > Persons with AIDS Adult/Adolescent 63% [plot | correlate | graph]
...and  Health > Persons Living with AIDS All Ages 63% [plot | correlate | graph]
Average: 73%

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: Securities, commodity contracts, investments, 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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