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 > Nest Egg Index

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Correlations between Economy > Nest Egg Index ...

Variable Strength
...and  Economy > Median Family Income 79% [plot | correlate | graph]
...and  Economy > Percent below poverty level (inverse) 77% [plot | correlate | graph]
...and  Economy > Median Household Income 74% [plot | correlate | graph]
...and  Economy > Percent of Children Below Poverty Level (inverse) 72% [plot | correlate | graph]
...and  Economy > Percent of Related Children Below Poverty Level (inverse) 71% [plot | correlate | graph]
...and  Economy > Median Earnings for Male Full-Time, Year-Round Workers 66% [plot | correlate | graph]
...and  Health > Oral health > Visits to the dentist 63% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Free Lunch Eligible (per capita) (inverse) 62% [plot | correlate | graph]
...and  Economy > Personal income (per capita) 61% [plot | correlate | graph]
...and  Lifestyle > Best States to Live 58% [plot | correlate | graph]
...and  Economy > Median Earnings for Female Full-Time, Year-Round Workers 58% [plot | correlate | graph]
...and  Education > Assessments > % of Students Above Advanced > Grade 4 Math 57% [plot | correlate | graph]
...and  Health > Percent of Women who had Dental Visit 57% [plot | correlate | graph]
...and  Education > Percent of People Who Have Completed a Bachelor's Degree 56% [plot | correlate | graph]
...and  Education > Assessments > % of Students Above Advanced > Grade 4 Reading 56% [plot | correlate | graph]
...and  Education > Bachelor's degree or higher, by percentage 55% [plot | correlate | graph]
...and  Health > Colonoscopy testing 54% [plot | correlate | graph]
...and  Education > Assessments > % of Students Above Advanced > Grade 8 Math 52% [plot | correlate | graph]
...and  Health > Teen Birth Rate per 1,000 (inverse) 52% [plot | correlate | graph]
...and  People > Percent of People 65 Years and Over With a Disability (inverse) 51% [plot | correlate | graph]
...and  Health > Smokeless tobacco users (inverse) 51% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Real estate (per capita) 50% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Real estate (per capita) 50% [plot | correlate | graph]
...and  Health > Percent with some health care coverage 50% [plot | correlate | graph]
...and  People > Percent of People 21 to 64 Years Old With a Disability (inverse) 49% [plot | correlate | graph]
...and  Industry > Industrial firms > Total number of employees (per capita) 48% [plot | correlate | graph]
...and  Housing > Percent of Housing Units That are Mobile Homes (inverse) 48% [plot | correlate | graph]
...and  Economy > Percent of People 65 Years and Over Below Poverty Level (inverse) 47% [plot | correlate | graph]
...and  Education > Assessments > % of Students Above Proficient > Grade 8 Math 47% [plot | correlate | graph]
...and  Housing > Median Monthly Housing Costs for Owner-occupied Housing Units With a Mortgage 47% [plot | correlate | graph]
...and  Health > Motor Vehicle Death Rate (inverse) 46% [plot | correlate | graph]
...and  Health > Health Index 45% [plot | correlate | graph]
...and  Education > Assessments > % of Students Above Proficient > Grade 4 Math 45% [plot | correlate | graph]
...and  Education > Assessments > % of Students Above Proficient > Grade 4 Reading 45% [plot | correlate | graph]
...and  Education > Assessments > Scale Score, Grade 4 Writing 44% [plot | correlate | graph]
...and  Education > Percent of People Who Have Completed an Advanced Degree 44% [plot | correlate | graph]
...and  Education > Percent of People Who Have Completed High School (Including Equivalency) 44% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Other services, except government (per capita) 44% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Other services, except government (per capita) 44% [plot | correlate | graph]
...and  Health > Medicare Beneficiaries Below 150% FPL (inverse) 43% [plot | correlate | graph]
...and  Education > Assessments > % of Students Above Advanced > Grade 8 Reading 43% [plot | correlate | graph]
...and  Education > Assessments > % of Students Above Proficient > Grade 8 Writing 43% [plot | correlate | graph]
...and  Economy > Gross State Product > Current Dollars (per capita) 43% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Federal Revenue- Subtotal (per $ GDP) (inverse) 42% [plot | correlate | graph]
...and  Education > Assessments > % of Students Above Basic > Grade 4 Writing 42% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Construction (per capita) 41% [plot | correlate | graph]
...and  Health > Child Death Rate (inverse) 41% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Construction (per capita) 41% [plot | correlate | graph]
...and  Education > Assessments > % of Students Above Proficient > Grade 4 Writing 41% [plot | correlate | graph]
...and  Education > Public Libraries > Circulation of Children's Materials (per capita) 41% [plot | correlate | graph]
Average: 52%

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.

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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: Index ranking the ability to build and nurture financial saving and retirement assets. Factors include: Savings propensity (proportion of households in the area that have a savings product of any type — e.g., regular savings account, CD, IRA); 401(k) retirement plan penetration; Non-401(k) retirement savings plan penetration (e.g., pension plans); Investing propensity (proportion of households in the area that have any investment product or service, excluding 401(k) plans); Net worth; Owner-occupied housing value; First mortgage balance; Personal debt level; Home ownership; Household income, Cost of living; Local employment rate.

SOURCE: A.G. Edwards

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