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 > Gross Operating Surplus > Chemical manufacturing (per $ GDP)

DEFINITION: Chemical manufacturing, Gross Operating Surplus (current dollars) Per $ GDP figures expressed per 10,000 $ gross domestic product.
VIEW DATA:   Totals   Per capita   Per $ GDP  
Definition     Source      Printable version   
    Bar Graph   Map   Correlations  

Showing latest available data.

Correlations between Economy > GSP > Gross Operating Surplus > Chemical manufacturing (per $ GDP) ...

Variable Strength
...and  Economy > GSP > Gross Operating Surplus > Chemical manufacturing (per capita) 93% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Chemical manufacturing (per $ GDP) 89% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Chemical manufacturing (per $ GDP) 89% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Chemical manufacturing (per capita) 84% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Chemical manufacturing (per capita) 84% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Chemical manufacturing 53% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Value added (per $ GDP) 41% [plot | correlate | graph]
...and  Industry > Textile mills > Total capital expenditures 40% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Chemical manufacturing 38% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Chemical manufacturing 38% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Total value of shipments (per $ GDP) 34% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Production workers wages 26% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Food services and drinking places (per $ GDP) (inverse) 25% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Food services and drinking places (per $ GDP) (inverse) 25% [plot | correlate | graph]
...and  Industry > Textile mills > Total capital expenditures (per $ GDP) 25% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Production workers hours 25% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Food services and drinking places (per $ GDP) (inverse) 24% [plot | correlate | graph]
...and  Labor > Chemical manufacturing > Production workers (average per year) (per capita) 23% [plot | correlate | graph]
...and  Labor > Textile mills > Production workers hours 23% [plot | correlate | graph]
...and  Industry > Textile mills > Annual payroll 22% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Annual payroll (per capita) 22% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Total value of shipments 22% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Value added 21% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Annual payroll 21% [plot | correlate | graph]
...and  Education > Public Libraries > State Revenue (per capita) 20% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Number of employees 20% [plot | correlate | graph]
...and  Industry > Textile mills > Production workers wages 20% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Production workers (average per year) (per capita) 20% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Furniture and related product manufacturing (per capita) 20% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Production workers (average per year) 19% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Furniture and related product manufacturing (per capita) 19% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Total capital expenditures 19% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Total capital expenditures (per $ GDP) 19% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Nonmetallic mineral product manufacturing (per capita) 19% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Funds, trusts, and other financial vehicles (per capita) 18% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Federal Reserve banks, credit intermediation and related services 18% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Production workers wages 18% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Number of employees (per capita) 18% [plot | correlate | graph]
...and  Labor > Food manufacturing > Production workers (average per year) 18% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Production workers hours (per capita) 18% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total value of shipments 18% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Production workers wages 17% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Furniture and related product manufacturing (per $ GDP) 17% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Production workers hours 17% [plot | correlate | graph]
...and  Industry > Food manufacturing > Total capital expenditures 17% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Number of employees (per capita) 17% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Furniture and related product manufacturing (per capita) 16% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Chemical manufacturing 16% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Production workers hours 16% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total cost of materials 16% [plot | correlate | graph]
Average: 29%

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

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