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 > Real estate (per $ GDP)

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

Correlations between Economy > GSP > Real GSP > Real estate (per $ GDP) ...

Variable Strength
...and  Economy > GSP > Nominal GSP > Real estate (per $ GDP) 100% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Real estate (per $ GDP) 86% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Real estate (per capita) 67% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Real estate (per capita) 67% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Real estate (per capita) 64% [plot | correlate | graph]
...and  Housing > Percent of Mortgaged Owners Spending 30% or More of Household Income on Selected Monthly Owner Costs 60% [plot | correlate | graph]
...and  Housing > Percent of Renter-occupied Units Spending 30% or More of Household Income on Rent and Utilities 55% [plot | correlate | graph]
...and  People > Percent of Grandparents Responsible for their Grandchildren (inverse) 52% [plot | correlate | graph]
...and  Housing > Median Monthly Housing Costs for Renter-occupied Housing Units 50% [plot | correlate | graph]
...and  Health > HMO Penetration Rate 45% [plot | correlate | graph]
...and  Housing > Median Monthly Housing Costs for Owner-occupied Housing Units With a Mortgage 44% [plot | correlate | graph]
...and  Housing > Median Housing Value of Owner-Occupied Housing Units 43% [plot | correlate | graph]
...and  Education > Percent of People Who Have Completed an Advanced Degree 43% [plot | correlate | graph]
...and  Health > Beds (inverse) 42% [plot | correlate | graph]
...and  People > Percent of People Who are Foreign Born 41% [plot | correlate | graph]
...and  Health > Fruits and vegetables consumption 40% [plot | correlate | graph]
...and  Health > Income Eligibility --Separate SCHIP Program 40% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Administrative and support services (per capita) 38% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Administrative and support services (per capita) 37% [plot | correlate | graph]
...and  Health > Child Death Rate (inverse) 36% [plot | correlate | graph]
...and  Health > Oral health > Loss of natural teeth (inverse) 33% [plot | correlate | graph]
...and  Labor > Mean Travel Time to Work 33% [plot | correlate | graph]
...and  People > Percent of People Who are Asian Alone 33% [plot | correlate | graph]
...and  People > Percent of People Who Speak English Less Than "Very Well" 33% [plot | correlate | graph]
...and  Health > Change in Teen Birth Rate, '91-'03 (inverse) 32% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Educational services (per capita) 32% [plot | correlate | graph]
...and  Health > Teen Death Rate (inverse) 31% [plot | correlate | graph]
...and  Economy > Median Household Income 31% [plot | correlate | graph]
...and  Health > Nonfederal Physicians per 100,000 Population 31% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Total cost of materials (per $ GDP) (inverse) 31% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Total value of shipments (per $ GDP) (inverse) 31% [plot | correlate | graph]
...and  Labor > Nonmetallic mineral product manufacturing > Production workers (average per year) (per capita) (inverse) 30% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Transit and ground passenger transportation (per $ GDP) 30% [plot | correlate | graph]
...and  Health > Expenses per Inpatient Day 30% [plot | correlate | graph]
...and  People > Percent of People Who Speak a Language Other Than English At Home 30% [plot | correlate | graph]
...and  Labor > Food manufacturing > Production workers hours (per capita) (inverse) 30% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Total cost of materials (per $ GDP) (inverse) 30% [plot | correlate | graph]
...and  Industry > Food manufacturing > Production workers wages (per $ GDP) (inverse) 29% [plot | correlate | graph]
...and  Labor > Percent of Civilian Employed People in Professional and Related Occupations 29% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Administrative and support services (per $ GDP) 29% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Waste management and remediation services (per capita) 29% [plot | correlate | graph]
...and  Health > Overweight and Obesity Rate (inverse) 29% [plot | correlate | graph]
...and  Health > Smokeless tobacco users (inverse) 29% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students- Asian/Pacific Islander (per capita) 28% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Waste management and remediation services (per $ GDP) 28% [plot | correlate | graph]
...and  Energy > Total Electricity Consumption (per capita) (inverse) 28% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Rail transportation (per capita) (inverse) 28% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Waste management and remediation services (per capita) 28% [plot | correlate | graph]
...and  Health > Inpatient Days (inverse) 28% [plot | correlate | graph]
...and  Energy > Total Energy Consumption (per $ GDP) (inverse) 28% [plot | correlate | graph]
Average: 39%

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: Real estate, 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 10 $ gross domestic product.

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

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