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Correlations > Industry Statistics > Apparel manufacturing > Total cost of materials

DEFINITION: This term refers to direct charges actually paid or payable for items consumed or put into production during the year, including freight charges and other direct charges incurred by the establishment in acquiring these materials. It includes the cost of materials or fuel consumed, whether purchased by the individual establishment from other companies, transferred to it from other establishments of the same company, or withdrawn from inventory during the year.
VIEW DATA:   Totals   Per $ GDP  
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Showing latest available data.

Correlations between Industry > Apparel manufacturing > Total cost of materials ...

Variable Strength
...and  Industry > Apparel manufacturing > Total value of shipments 96% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Value added 95% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Apparel manufacturing 93% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Annual payroll 91% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Number of employees 90% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Apparel manufacturing 87% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Apparel manufacturing 87% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Production workers hours 87% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Production workers wages 86% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Production workers (average per year) 74% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Apparel manufacturing 70% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Total capital expenditures 67% [plot | correlate | graph]
...and  Health > Baseline Dual Eligible Enrollment 65% [plot | correlate | graph]
...and  Health > ADAP Insurance Purchasing/Maintenance Funds 65% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Federal Reserve banks, credit intermediation and related services 64% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Federal Reserve banks, credit intermediation and related services 64% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Apparel manufacturing (per capita) 61% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Apparel manufacturing (per capita) 60% [plot | correlate | graph]
...and  Health > Baseline FFS Drug Payments for Duals 60% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Performing arts, museums, and related activities 59% [plot | correlate | graph]
...and  Health > Total ADAP Prescriptions Filled 58% [plot | correlate | graph]
...and  Health > Total SSI Beneficiaries 57% [plot | correlate | graph]
...and  Health > Current Monthly SCHIP Enrollment, Dec 2004 56% [plot | correlate | graph]
...and  Health > Current Monthly Enrollment, June 2004 56% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Performing arts, museums, and related activities 56% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Motion picture and sound recording industries 56% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Motion picture and sound recording industries 56% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Performing arts, museums, and related activities 56% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Motion picture and sound recording industries 55% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Performing arts, museums, and related activities 55% [plot | correlate | graph]
...and  Health > Blind & Disabled SSI 55% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Ambulatory health care services 54% [plot | correlate | graph]
...and  Health > Aged SSI 54% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Motion picture and sound recording industries 53% [plot | correlate | graph]
...and  Health > Total Sales for Retail Rx Drugs 53% [plot | correlate | graph]
...and  Health > Persons with AIDS Pediatric 53% [plot | correlate | graph]
...and  Health > Deaths due to HIV 53% [plot | correlate | graph]
...and  Health > Total Medicaid Enrollment, FY2002 53% [plot | correlate | graph]
...and  Health > Total SSDI Beneficiaries 53% [plot | correlate | graph]
...and  Energy > Renewable Hydroelectric Production 52% [plot | correlate | graph]
...and  Health > Total ADAP Clients 51% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > State Revenues 51% [plot | correlate | graph]
...and  Labor > Beverage & tobacco product manufacturing > Production workers (average per year) 51% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Apparel manufacturing (per capita) 50% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Broadcasting and telecommunications 49% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Instruct. Expend.- Subtotal 49% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > State and local 49% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Legal services 48% [plot | correlate | graph]
...and  Labor > Textile product mills > Number of employees 48% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Real estate 48% [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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