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 > Real GSP > Management of companies and enterprises (per $ GDP)

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

Correlations between Economy > GSP > Real GSP > Management of companies and enterprises (per $ GDP) ...

Variable Strength
...and  Economy > GSP > Nominal GSP > Management of companies and enterprises (per $ GDP) 100% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Management of companies and enterprises (per capita) 84% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Management of companies and enterprises (per capita) 84% [plot | correlate | graph]
...and  Military > Cost of the Military (per $ GDP) 38% [plot | correlate | graph]
...and  Military > Cost of Nuclear Weapons (per $ GDP) 38% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Management of companies and enterprises (per $ GDP) 36% [plot | correlate | graph]
...and  Labor > Percent of Civilian Employed People Who are Private Wage and Salary Workers 33% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Management of companies and enterprises 32% [plot | correlate | graph]
...and  Economy > GSP > Chain-type Quantity Indexes > Rental and leasing services and lessors of intangible assets (inverse) 31% [plot | correlate | graph]
...and  Industry > Industrial firms > Total number of employees (per capita) 29% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Management of companies and enterprises (per capita) 29% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Legal services (per capita) 28% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Legal services (per capita) 28% [plot | correlate | graph]
...and  Economy > GSP > Chain-type Quantity Indexes > Insurance carriers and related activities (inverse) 27% [plot | correlate | graph]
...and  Economy > GSP > Chain-type Quantity Indexes > Fabricated metal product manufacturing (inverse) 27% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Management of companies and enterprises 25% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Information and data processing services (per capita) 25% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Wholesale trade (per capita) 25% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Information and data processing services (per capita) 25% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Information and data processing services (per capita) 24% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Other services, except government (per $ GDP) (inverse) 23% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Federal Revenue- Subtotal (per $ GDP) (inverse) 23% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Insurance carriers and related activities (per $ GDP) 23% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Insurance carriers and related activities (per $ GDP) 23% [plot | correlate | graph]
...and  Economy > GSP > Chain-type Quantity Indexes > Other professional, scientific and technical services (inverse) 23% [plot | correlate | graph]
...and  Economy > GSP > Chain-type Quantity Indexes > Other transportation and support activities (inverse) 23% [plot | correlate | graph]
...and  Military > Cost of the Military (per capita) 23% [plot | correlate | graph]
...and  Military > Cost of Nuclear Weapons (per capita) 23% [plot | correlate | graph]
...and  Economy > Gross State Product > Current Dollars (per capita) 23% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Other professional, scientific and technical services (per capita) 22% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Securities, commodity contracts, investments (per capita) 22% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Doctors (per capita) 22% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Wholesale trade (per capita) 21% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Wholesale trade (per capita) 21% [plot | correlate | graph]
...and  Health > Change in Number of Uninsured Children 21% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Other professional, scientific and technical services (per capita) 21% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Other professional, scientific and technical services (per capita) 21% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Retail trade (per $ GDP) (inverse) 21% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Insurance carriers and related activities 21% [plot | correlate | graph]
...and  Health > Occupational Fatality Rate (inverse) 21% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Retail trade (per $ GDP) (inverse) 21% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Securities, commodity contracts, investments (per $ GDP) 21% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Securities, commodity contracts, investments (per $ GDP) 20% [plot | correlate | graph]
...and  Economy > GSP > Chain-type Quantity Indexes > Administrative and support services (inverse) 20% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Management of companies and enterprises 20% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Management of companies and enterprises 20% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Securities, commodity contracts, investments (per $ GDP) 20% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Federal civilian (per $ GDP) (inverse) 19% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Federal civilian (per $ GDP) (inverse) 19% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Federal Reserve banks, credit intermediation and related services 19% [plot | correlate | graph]
Average: 28%

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: Management of companies and enterprises, 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. Per $ GDP figures expressed per 1,000 $ gross domestic product.

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

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