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Correlations > Economy Statistics > GSP > Nominal GSP > Motor vehicle, body, trailer, and parts manufacturing (per capita)

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

Correlations between Economy > GSP > Nominal GSP > Motor vehicle, body, trailer, and parts manufacturing (per capita) ...

Variable Strength
...and  Economy > GSP > Real GSP > Motor vehicle, body, trailer, and parts manufacturing (per capita) 100% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Motor vehicle, body, trailer, and parts manufacturing (per $ GDP) 98% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Motor vehicle, body, trailer, and parts manufacturing (per $ GDP) 98% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Total cost of materials (per $ GDP) 71% [plot | correlate | graph]
...and  Labor > Transportation equipment manufacturing > Production workers hours (per capita) 70% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Total value of shipments (per $ GDP) 69% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Production workers wages (per $ GDP) 68% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Motor vehicle, body, trailer, and parts manufacturing 67% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Motor vehicle, body, trailer, and parts manufacturing 67% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Production workers (average per year) (per capita) 63% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total cost of materials 62% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Total cost of materials 61% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Motor vehicle, body, trailer, and parts manufacturing 59% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Primary metal manufacturing (per $ GDP) 57% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total value of shipments 56% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Value added (per $ GDP) 55% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Total value of shipments 55% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total capital expenditures 55% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total cost of materials (per $ GDP) 54% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total value of shipments (per $ GDP) 54% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Production workers wages 53% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Total capital expenditures 52% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Annual payroll (per $ GDP) 52% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Production workers hours (per capita) 52% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Value added (per $ GDP) 51% [plot | correlate | graph]
...and  Labor > Transportation equipment manufacturing > Production workers hours 51% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Total capital expenditures (per $ GDP) 50% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Annual payroll (per capita) 48% [plot | correlate | graph]
...and  Labor > Plastics & rubber products manufacturing > Production workers (average per year) (per capita) 47% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Production workers wages 46% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Production workers hours 45% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Value added 45% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Motor vehicle, body, trailer, and parts manufacturing 44% [plot | correlate | graph]
...and  Labor > Transportation equipment manufacturing > Number of employees (per capita) 44% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Annual payroll (per capita) 44% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Production workers (average per year) 43% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Primary metal manufacturing 43% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Primary metal manufacturing 43% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Value added 42% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total capital expenditures (per $ GDP) 42% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Primary metal manufacturing 41% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Annual payroll (per $ GDP) 39% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Production workers wages (per $ GDP) 39% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Production workers wages (per $ GDP) 37% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Annual payroll 37% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Total capital expenditures (per $ GDP) 37% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Production workers wages (per $ GDP) 37% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Total cost of materials (per $ GDP) 35% [plot | correlate | graph]
...and  Labor > Transportation equipment manufacturing > Number of employees 35% [plot | correlate | graph]
...and  Energy > Coal Consumption (per capita) 35% [plot | correlate | graph]
Average: 53%

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: Motor vehicle, body, trailer, and parts 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 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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