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Correlations > Economy Statistics > GSP > Gross Operating Surplus > Chemical manufacturing

VIEW DATA:   Totals   Per capita   Per $ GDP  
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Showing latest available data.

Correlations between Economy > GSP > Gross Operating Surplus > Chemical manufacturing ...

Variable Strength
...and  Economy > GSP > Real GSP > Chemical manufacturing 94% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Chemical manufacturing 94% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Chemical manufacturing 67% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Total capital expenditures 59% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Total value of shipments 57% [plot | correlate | graph]
...and  Health > Number of Inpatient Beds 55% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Apparel manufacturing 55% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Value added 55% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Chemical manufacturing (per $ GDP) 53% [plot | correlate | graph]
...and  Health > Total State Expenditures on Mental Health 52% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Nonmetallic mineral product manufacturing 52% [plot | correlate | graph]
...and  Education > Public Libraries > State Revenue 51% [plot | correlate | graph]
...and  Health > Inpatient Census 51% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Chemical manufacturing (per $ GDP) 51% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Chemical manufacturing (per $ GDP) 51% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Apparel manufacturing 50% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Apparel manufacturing 50% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Warehousing and storage 50% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Production workers wages 48% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Annual payroll 47% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Warehousing and storage 47% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Utilities 46% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Warehousing and storage 46% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Chemical manufacturing (per capita) 46% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Chemical manufacturing (per capita) 46% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Total capital expenditures 46% [plot | correlate | graph]
...and  Labor > Printing & related support activities > Production workers (average per year) 46% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Chemical manufacturing (per capita) 46% [plot | correlate | graph]
...and  Industry > Printing & related support activities > Production workers wages 45% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Nonmetallic mineral product manufacturing 45% [plot | correlate | graph]
...and  Industry > Printing & related support activities > Total cost of materials 45% [plot | correlate | graph]
...and  Industry > Printing & related support activities > Value added 45% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Annual payroll 45% [plot | correlate | graph]
...and  Industry > Printing & related support activities > Total value of shipments 45% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Production workers wages 44% [plot | correlate | graph]
...and  Labor > Nonmetallic mineral product manufacturing > Number of employees 44% [plot | correlate | graph]
...and  Labor > Chemical manufacturing > Production workers (average per year) 44% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Production workers (average per year) 44% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Nonmetallic mineral product manufacturing 44% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Nonmetallic mineral product manufacturing 44% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Production workers wages 44% [plot | correlate | graph]
...and  Health > Number of Nursing Home Residents 43% [plot | correlate | graph]
...and  Industry > Printing & related support activities > Annual payroll 43% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Number of employees 43% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Total cost of materials 43% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Furniture and related product manufacturing 43% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Educational services 43% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Number of employees 43% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Educational services 43% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Educational services 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: Chemical manufacturing, Gross Operating Surplus (current dollars)

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

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