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Correlations > Economy Statistics > GSP > Real GSP > Food product manufacturing

DEFINITION: Food product manufacturing, Real GSP (chained 2000 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.
VIEW DATA:   Totals   Per capita   Per $ GDP  
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Showing latest available data.

Correlations between Economy > GSP > Real GSP > Food product manufacturing ...

Variable Strength
...and  Economy > GSP > Nominal GSP > Food product manufacturing 100% [plot | correlate | graph]
...and  Industry > Beverage & tobacco product manufacturing > Total value of shipments 86% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Food product manufacturing 83% [plot | correlate | graph]
...and  Industry > Beverage & tobacco product manufacturing > Value added 77% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Production workers wages 74% [plot | correlate | graph]
...and  Industry > Beverage & tobacco product manufacturing > Production workers wages 73% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Production workers (average per year) 73% [plot | correlate | graph]
...and  Industry > Beverage & tobacco product manufacturing > Total cost of materials 71% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Furniture and related product manufacturing 71% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Number of employees 71% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Furniture and related product manufacturing 70% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Furniture and related product manufacturing 70% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Production workers hours 67% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Nonmetallic mineral product manufacturing 63% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Food product manufacturing 63% [plot | correlate | graph]
...and  Labor > Beverage & tobacco product manufacturing > Number of employees 62% [plot | correlate | graph]
...and  Labor > Beverage & tobacco product manufacturing > Production workers hours 61% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Value added 61% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Total cost of materials 61% [plot | correlate | graph]
...and  Labor > Total Manufacturing > Production workers hours 60% [plot | correlate | graph]
...and  Industry > Food manufacturing > Value added 59% [plot | correlate | graph]
...and  Industry > Textile product mills > Total capital expenditures 59% [plot | correlate | graph]
...and  Industry > Electrical equipment, appliance, & component manufacturing > Total capital expenditures 59% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Total value of shipments 59% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Federal military 59% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Federal military 58% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Truck transportation 58% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Annual payroll 58% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Federal military 58% [plot | correlate | graph]
...and  Education > Public Libraries > Children's Program Attendance 57% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Value added 57% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Truck transportation 57% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Electrical equipment and appliance manufacturing 57% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Electrical equipment and appliance manufacturing 57% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Truck transportation 57% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Electrical equipment and appliance manufacturing 56% [plot | correlate | graph]
...and  Military > DOD Active Military > Salaries & Wages 56% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Value added 56% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Annual payroll 55% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Total capital expenditures 55% [plot | correlate | graph]
...and  Labor > Textile product mills > Number of employees 55% [plot | correlate | graph]
...and  Health > Number of Infant Deaths 55% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Information and data processing services 55% [plot | correlate | graph]
...and  Industry > Textile mills > Annual payroll 54% [plot | correlate | graph]
...and  Health > Gonorrhea Cases 54% [plot | correlate | graph]
...and  Health > Number of Inpatient Beds 54% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Federal military 54% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Total value of shipments 54% [plot | correlate | graph]
...and  Labor > Nonmetallic mineral product manufacturing > Production workers hours 54% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Production workers wages 54% [plot | correlate | graph]
Average: 62%

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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