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Correlations > Economy Statistics > GSP > Compensation of Employees > Wholesale trade

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Correlations between Economy > GSP > Compensation of Employees > Wholesale trade ...

Variable Strength
...and  Economy > GSP > Nominal GSP > Wholesale trade 100% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Wholesale trade 100% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Wholesale trade 99% [plot | correlate | graph]
...and  Military > Iraq War Costs 97% [plot | correlate | graph]
...and  Military > Cost of the Military 96% [plot | correlate | graph]
...and  Military > Cost of Nuclear Weapons 96% [plot | correlate | graph]
...and  Economy > Gross State Product > Current Dollars 96% [plot | correlate | graph]
...and  Economy > Personal income 95% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Retail trade 95% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Support Services Expenditure- Subtotal 95% [plot | correlate | graph]
...and  Industry > Industrial firms > Total number of employees 95% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Total Revenue from All Sources 95% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Retail trade 95% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Retail trade 94% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Total Expenditures for Education 94% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Retail trade 94% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > State and local 94% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > State and local 94% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Current Expenditures 94% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Other services, except government 94% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Ambulatory health care services 94% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Ambulatory health care services 94% [plot | correlate | graph]
...and  Government > Electoral Votes 94% [plot | correlate | graph]
...and  Government > Seats in the House of Representatives 94% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Food services and drinking places 94% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Teachers 93% [plot | correlate | graph]
...and  People > Population 93% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Ambulatory health care services 93% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Food services and drinking places 93% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Food services and drinking places 93% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > State and local 93% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Other services, except government 93% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Other services, except government 93% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Construction 93% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Construction 93% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Tenth Grade Students 93% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Construction 93% [plot | correlate | graph]
...and  Industry > Industrial firms > Total number of establishments 93% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students 93% [plot | correlate | graph]
...and  Health > Number of Births 93% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Local Revenue- Subtotal 93% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Eighth Grade Students 92% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Food services and drinking places 92% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Fourth Grade Students 92% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Fifth Grade Students 92% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Twelfth Grade Students 92% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Eleventh Grade Students 92% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Sixth Grade Students 92% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Other services, except government 92% [plot | correlate | graph]
...and  Government > 2004 Election > Voting age population 92% [plot | correlate | graph]
Average: 94%

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: Wholesale trade, 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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