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 > Nominal GSP > Federal Reserve banks, credit intermediation and related services (per capita)

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

Correlations between Economy > GSP > Nominal GSP > Federal Reserve banks, credit intermediation and related services (per capita) ...

Variable Strength
...and  Economy > GSP > Real GSP > Federal Reserve banks, credit intermediation and related services (per capita) 100% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Federal Reserve banks, credit intermediation and related services (per $ GDP) 76% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Federal Reserve banks, credit intermediation and related services (per $ GDP) 76% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Federal Reserve banks, credit intermediation and related services (per capita) 48% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Federal Reserve banks, credit intermediation and related services (per $ GDP) 48% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Total value of shipments (per $ GDP) 47% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Value added (per $ GDP) 46% [plot | correlate | graph]
...and  Labor > Miscellaneous manufacturing > Number of employees (per capita) 38% [plot | correlate | graph]
...and  Labor > Miscellaneous manufacturing > Production workers (average per year) (per capita) 36% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Total cost of materials (per $ GDP) 33% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Production workers (average per year) 33% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Annual payroll (per capita) 32% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Number of employees 31% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Ungraded Students (per capita) 31% [plot | correlate | graph]
...and  Industry > Textile mills > Annual payroll (per capita) 31% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Production workers wages 31% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Production workers wages (per $ GDP) 30% [plot | correlate | graph]
...and  Education > Postsecondary > Number Of Institutions > Four Year (per capita) 29% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > State and local (per $ GDP) (inverse) 29% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > State and local (per $ GDP) (inverse) 29% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Total value of shipments 29% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Annual payroll (per $ GDP) 29% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Value added 29% [plot | correlate | graph]
...and  Health > ADAP Insurance Purchasing/Maintenance Funds 29% [plot | correlate | graph]
...and  Labor > Percent of Civilian Employed People in Management, Business and Financial Occupations 28% [plot | correlate | graph]
...and  Industry > Beverage & tobacco product manufacturing > Total value of shipments 28% [plot | correlate | graph]
...and  Energy > Total Energy Consumption (per $ GDP) (inverse) 28% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Miscellaneous manufacturing (per capita) 28% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Annual payroll 28% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Production workers hours 28% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Miscellaneous manufacturing (per capita) 28% [plot | correlate | graph]
...and  Labor > Beverage & tobacco product manufacturing > Number of employees 27% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Number of employees (per capita) (inverse) 26% [plot | correlate | graph]
...and  Military > Total Air Force Recruits (per capita) (inverse) 26% [plot | correlate | graph]
...and  Health > Registered Nurses per 10,000 Population 25% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Miscellaneous manufacturing (per $ GDP) 25% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Miscellaneous manufacturing (per $ GDP) 25% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Total cost of materials 24% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Total Revenue from All Sources (per $ GDP) (inverse) 24% [plot | correlate | graph]
...and  Industry > Textile mills > Annual payroll (per $ GDP) 24% [plot | correlate | graph]
...and  Labor > Miscellaneous manufacturing > Production workers hours (per capita) 23% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Support Services Expenditure- Subtotal (per $ GDP) (inverse) 22% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Social assistance (per capita) 22% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Total Expenditures for Education (per $ GDP) (inverse) 22% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Current Expenditures (per $ GDP) (inverse) 22% [plot | correlate | graph]
...and  Industry > Paper manufacturing > Total capital expenditures (per $ GDP) (inverse) 21% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Total capital expenditures (per $ GDP) 21% [plot | correlate | graph]
...and  Industry > Beverage & tobacco product manufacturing > Total capital expenditures 21% [plot | correlate | graph]
...and  People > Percent of People 21 to 64 Years Old With a Disability (inverse) 21% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Production workers (average per year) (per capita) (inverse) 20% [plot | correlate | graph]
Average: 32%

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: Federal Reserve banks, credit intermediation and related services, Nominal GSP (current dollars) GSP, or Gross State Product is the value of all the goods and services produced in a state. Specific industries measured will give the value of all goods and services in that industry. The Nominal Gross State Product measures the value of all the goods and services produced expressed in current prices. On the other hand, Real Gross State Product measures the value of all the goods and services produced expressed in the prices of some base year. Per capita figures expressed per 1 population.

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

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