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Correlations > Economy Statistics > GSP > Real GSP > Primary metal manufacturing (per capita)

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

Correlations between Economy > GSP > Real GSP > Primary metal manufacturing (per capita) ...

Variable Strength
...and  Economy > GSP > Nominal GSP > Primary metal manufacturing (per capita) 100% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Primary metal manufacturing (per $ GDP) 96% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Primary metal manufacturing (per $ GDP) 96% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Value added (per $ GDP) 87% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Number of employees (per capita) 85% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Production workers hours (per capita) 83% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total value of shipments (per $ GDP) 82% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total cost of materials (per $ GDP) 77% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Production workers wages (per $ GDP) 72% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total capital expenditures (per $ GDP) 72% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Production workers (average per year) (per capita) 67% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Total cost of materials (per $ GDP) 60% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Annual payroll (per capita) 53% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Annual payroll (per $ GDP) 52% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Total value of shipments (per $ GDP) 51% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total capital expenditures 50% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total cost of materials 50% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total value of shipments 48% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Production workers wages (per $ GDP) 44% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Primary metal manufacturing 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 > Primary metal manufacturing > Value added 42% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Production workers wages (per $ GDP) 42% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Motor vehicle, body, trailer, and parts manufacturing (per $ GDP) 42% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Production workers wages 42% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Motor vehicle, body, trailer, and parts manufacturing (per $ GDP) 42% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Number of employees 41% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Fabricated metal product manufacturing (per $ GDP) 41% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Fabricated metal product manufacturing (per $ GDP) 41% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Annual payroll (per $ GDP) 40% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Production workers hours 40% [plot | correlate | graph]
...and  Labor > Percent of Civilian Employed People in the Manufacturing Industry 39% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Motor vehicle, body, trailer, and parts manufacturing (per capita) 39% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Motor vehicle, body, trailer, and parts manufacturing (per capita) 39% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Annual payroll (per $ GDP) 38% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Value added (per $ GDP) 38% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Fabricated metal product manufacturing (per $ GDP) 38% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Primary metal manufacturing (per capita) 38% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Annual payroll (per $ GDP) 37% [plot | correlate | graph]
...and  Industry > Paper manufacturing > Total capital expenditures (per $ GDP) 36% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Production workers (average per year) 35% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Total value of shipments (per $ GDP) 35% [plot | correlate | graph]
...and  Health > Percent of Women with Arthritis 35% [plot | correlate | graph]
...and  Industry > Paper manufacturing > Annual payroll (per $ GDP) 34% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Value added (per $ GDP) 33% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Plastics and rubber products manufacturing (per $ GDP) 33% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Total cost of materials (per $ GDP) 33% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Primary metal manufacturing (per $ GDP) 33% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Annual payroll 32% [plot | correlate | graph]
Average: 50%

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: Primary metal 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. 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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