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Correlations > Economy Statistics > GSP > Nominal GSP > Furniture and related product manufacturing (per $ GDP)

DEFINITION: Furniture and related product manufacturing, 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 $ GDP figures expressed per 10,000 $ gross domestic product.
VIEW DATA:   Totals   Per capita   Per $ GDP  
Definition     Source      Printable version   
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Showing latest available data.

Correlations between Economy > GSP > Nominal GSP > Furniture and related product manufacturing (per $ GDP) ...

Variable Strength
...and  Economy > GSP > Real GSP > Furniture and related product manufacturing (per $ GDP) 100% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Furniture and related product manufacturing (per capita) 96% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Furniture and related product manufacturing (per capita) 96% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Value added (per $ GDP) 87% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Total value of shipments (per $ GDP) 86% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Total cost of materials (per $ GDP) 74% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Production workers (average per year) (per capita) 71% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Number of employees (per capita) 71% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Production workers wages (per $ GDP) 70% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Production workers hours (per capita) 64% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Furniture and related product manufacturing (per $ GDP) 63% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Total capital expenditures (per $ GDP) 59% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Furniture and related product manufacturing (per capita) 58% [plot | correlate | graph]
...and  Industry > Textile mills > Total capital expenditures (per $ GDP) 56% [plot | correlate | graph]
...and  Industry > Textile mills > Annual payroll 51% [plot | correlate | graph]
...and  Industry > Textile mills > Total capital expenditures 49% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Production workers wages (per $ GDP) 48% [plot | correlate | graph]
...and  Labor > Total Manufacturing > Number of employees (per capita) 47% [plot | correlate | graph]
...and  Labor > Percent of Civilian Employed People in the Manufacturing Industry 45% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Value added (per $ GDP) 45% [plot | correlate | graph]
...and  Labor > Textile mills > Production workers hours 43% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Annual payroll (per $ GDP) 43% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Annual payroll (per $ GDP) 42% [plot | correlate | graph]
...and  Industry > Textile mills > Annual payroll (per $ GDP) 42% [plot | correlate | graph]
...and  Labor > Total Manufacturing > Production workers hours (per capita) 39% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Food product manufacturing (per $ GDP) 39% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Food product manufacturing (per $ GDP) 39% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Annual payroll (per capita) 39% [plot | correlate | graph]
...and  Industry > Textile mills > Production workers wages 38% [plot | correlate | graph]
...and  Industry > Textile mills > Annual payroll (per capita) 38% [plot | correlate | graph]
...and  Labor > Plastics & rubber products manufacturing > Number of employees (per capita) 36% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Annual payroll (per capita) 36% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Production workers (average per year) (per capita) 36% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Furniture and related product manufacturing 35% [plot | correlate | graph]
...and  Industry > Textile mills > Total cost of materials 35% [plot | correlate | graph]
...and  Industry > Textile mills > Total value of shipments 34% [plot | correlate | graph]
...and  Labor > Textile mills > Number of employees 34% [plot | correlate | graph]
...and  Industry > Textile mills > Value added 34% [plot | correlate | graph]
...and  Labor > Textile mills > Production workers (average per year) 33% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Total value of shipments (per $ GDP) 32% [plot | correlate | graph]
...and  Labor > Total Manufacturing > Production workers (average per year) (per capita) 31% [plot | correlate | graph]
...and  Labor > Food manufacturing > Production workers (average per year) 31% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Total value of shipments 31% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Furniture and related product manufacturing 31% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Furniture and related product manufacturing 31% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Production workers hours (per capita) 31% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Value added 30% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Nonmetallic mineral product manufacturing (per $ GDP) 30% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Nonmetallic mineral product manufacturing (per $ GDP) 30% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Total cost of materials 29% [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

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