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Correlations > Economy Statistics > GSP > Gross Operating Surplus > Oil and gas extraction

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

Correlations between Economy > GSP > Gross Operating Surplus > Oil and gas extraction ...

Variable Strength
...and  Economy > GSP > Nominal GSP > Oil and gas extraction 99% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Oil and gas extraction 99% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Support activities for mining 89% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Support activities for mining 89% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Support activities for mining 88% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Support activities for mining 87% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total, All Grades- unknown (per capita) 72% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total, All Grades- unknown 68% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Support activities for mining (per capita) 68% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Support activities for mining (per capita) 68% [plot | correlate | graph]
...and  Military > Army Recruits: Percent Asian 58% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Oil and gas extraction 57% [plot | correlate | graph]
...and  Energy > Natural Gas Consumption (per capita) 53% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Water transportation 53% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Water transportation 50% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Water transportation 50% [plot | correlate | graph]
...and  Energy > Natural Gas Consumption (per $ GDP) 49% [plot | correlate | graph]
...and  Economy > Personal income (per $ GDP) (inverse) 47% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Total cost of materials 46% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Petroleum and coal products manufacturing 46% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Support activities for mining (per $ GDP) 46% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Support activities for mining (per $ GDP) 45% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Water transportation 45% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Oil and gas extraction (per $ GDP) 44% [plot | correlate | graph]
...and  Energy > Natural Gas Consumption 43% [plot | correlate | graph]
...and  Health > Syphilis Rate 41% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Petroleum and coal products manufacturing 39% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Petroleum and coal products manufacturing 39% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Oil and gas extraction (per $ GDP) 37% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Oil and gas extraction (per $ GDP) 37% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Water transportation (per capita) 36% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Water transportation (per $ GDP) 36% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Water transportation (per capita) 36% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Total value of shipments 36% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Petroleum and coal products manufacturing 35% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Rental and leasing services and lessors of intangible assets (per $ GDP) 34% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Pipeline transportation 34% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Rental and leasing services and lessors of intangible assets (per $ GDP) 34% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Rental and leasing services and lessors of intangible assets (per capita) 34% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Value added (per $ GDP) 34% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Rental and leasing services and lessors of intangible assets (per capita) 33% [plot | correlate | graph]
...and  Housing > Percent of Occupied Housing Units That are Owner-occupied (inverse) 33% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Water transportation (per capita) 32% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Oil and gas extraction (per capita) 31% [plot | correlate | graph]
...and  Health > Births Financed by Medicaid As Percent of State Births 30% [plot | correlate | graph]
...and  Education > Assessments > Scale Score, Grade 8 Science (inverse) 29% [plot | correlate | graph]
...and  People > Percent of People Who are White Alone (inverse) 29% [plot | correlate | graph]
...and  Education > Assessments > % of Students Above Advanced > Grade 4 Reading (inverse) 29% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Ambulatory health care services (per capita) 28% [plot | correlate | graph]
...and  Education > Assessments > % of Students Above Basic > Grade 8 Science (inverse) 28% [plot | correlate | graph]
Average: 48%

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: Oil and gas extraction, 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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