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Correlations > Industry Statistics > Apparel manufacturing > Value added (per $ GDP)

DEFINITION: This measure of manufacturing activity is derived by subtracting the cost of materials, supplies, containers, fuel, purchased electricity, and contract work from the value of shipments (products manufactured plus receipts for services rendered). The result of this calculation is adjusted by the addition of value added by merchandising operations (i.e., the difference between the sales value and the cost of merchandise sold without further manufacture, processing, or assembly) plus the net change in finished goods and work-in-process between the beginning- and end-of-year inventories. Per $ GDP figures expressed per 1,000 $ gross domestic product.
VIEW DATA:   Totals   Per $ GDP  
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Showing latest available data.

Correlations between Industry > Apparel manufacturing > Value added (per $ GDP) ...

Variable Strength
...and  Industry > Apparel manufacturing > Total cost of materials (per $ GDP) 91% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Annual payroll (per $ GDP) 90% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Total value of shipments (per $ GDP) 88% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Production workers hours (per capita) 88% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Production workers wages (per $ GDP) 81% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Annual payroll (per capita) 79% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Apparel manufacturing (per $ GDP) 79% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Apparel manufacturing (per $ GDP) 78% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Apparel manufacturing (per capita) 64% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Apparel manufacturing (per capita) 64% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Apparel manufacturing (per $ GDP) 54% [plot | correlate | graph]
...and  Labor > Beverage & tobacco product manufacturing > Production workers (average per year) (per capita) 50% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Number of employees (per capita) 47% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Production workers (average per year) (per capita) 45% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Apparel manufacturing (per capita) 44% [plot | correlate | graph]
...and  Health > Medicare Beneficiaries Below 150% FPL 43% [plot | correlate | graph]
...and  Industry > Textile product mills > Value added (per $ GDP) 42% [plot | correlate | graph]
...and  Industry > Beverage & tobacco product manufacturing > Annual payroll (per $ GDP) 41% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Production workers hours 41% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Textile and textile product mills 40% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Textile and textile product mills 40% [plot | correlate | graph]
...and  Education > Percent of People Who Have Completed High School (Including Equivalency) (inverse) 40% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Value added 40% [plot | correlate | graph]
...and  Industry > Textile product mills > Total value of shipments 40% [plot | correlate | graph]
...and  Industry > Beverage & tobacco product manufacturing > Annual payroll (per capita) 39% [plot | correlate | graph]
...and  Industry > Textile product mills > Value added 38% [plot | correlate | graph]
...and  Industry > Textile product mills > Annual payroll (per $ GDP) 38% [plot | correlate | graph]
...and  Industry > Textile product mills > Total cost of materials 38% [plot | correlate | graph]
...and  Health > SSDI Beneficiaries as % of Population 37% [plot | correlate | graph]
...and  Labor > Beverage & tobacco product manufacturing > Number of employees (per capita) 37% [plot | correlate | graph]
...and  Industry > Textile product mills > Annual payroll (per capita) 37% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Production workers (average per year) (per capita) 37% [plot | correlate | graph]
...and  Industry > Textile product mills > Production workers wages (per $ GDP) 37% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Textile and textile product mills (per $ GDP) 36% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Textile and textile product mills (per $ GDP) 36% [plot | correlate | graph]
...and  Labor > Textile product mills > Number of employees (per capita) 36% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Production workers wages 36% [plot | correlate | graph]
...and  Health > Percent of Women with High Blood Pressure 36% [plot | correlate | graph]
...and  Health > High blood pressure 35% [plot | correlate | graph]
...and  Health > SSI Beneficiaries as % of Population 35% [plot | correlate | graph]
...and  Health > Hospice Services 35% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Textile and textile product mills 35% [plot | correlate | graph]
...and  Industry > Textile product mills > Total value of shipments (per $ GDP) 34% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Total cost of materials (per $ GDP) 33% [plot | correlate | graph]
...and  Health > Blind & Disabled SSI as % of Population 33% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Total capital expenditures (per $ GDP) 33% [plot | correlate | graph]
...and  Industry > Textile mills > Annual payroll (per $ GDP) 33% [plot | correlate | graph]
...and  Industry > Textile product mills > Production workers wages 33% [plot | correlate | graph]
...and  Industry > Beverage & tobacco product manufacturing > Production workers wages (per $ GDP) 33% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Total value of shipments 32% [plot | correlate | graph]
Average: 47%

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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