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Correlations > Industry Statistics > Chemical manufacturing > Total capital expenditures

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

Correlations between Industry > Chemical manufacturing > Total capital expenditures ...

Variable Strength
...and  Industry > Chemical manufacturing > Annual payroll 86% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Value added 85% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Chemical manufacturing 84% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Total value of shipments 83% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Production workers wages 78% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Chemical manufacturing 74% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Chemical manufacturing 74% [plot | correlate | graph]
...and  Labor > Chemical manufacturing > Number of employees 73% [plot | correlate | graph]
...and  Labor > Chemical manufacturing > Production workers hours 71% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Local Revenue- Subtotal 63% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Utilities 62% [plot | correlate | graph]
...and  Health > Number of Nursing Home Residents 62% [plot | correlate | graph]
...and  Energy > Total Energy Consumption 61% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Utilities 60% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Utilities 60% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Total cost of materials 60% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Chemical manufacturing 59% [plot | correlate | graph]
...and  Energy > Natural Gas Consumption 58% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Teachers 58% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Printing and related support activities 57% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Printing and related support activities 57% [plot | correlate | graph]
...and  Health > Total Registered Nurses 57% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Hospitals and nursing and residential care facilities 57% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Hospitals and nursing and residential care facilities 57% [plot | correlate | graph]
...and  Education > Public Libraries > Children's Program Attendance 57% [plot | correlate | graph]
...and  Health > Total Sales for Retail Rx Drugs 57% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Hospitals and nursing and residential care facilities 57% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Water transportation 57% [plot | correlate | graph]
...and  Education > Public Libraries > Other Staff(FTE) 57% [plot | correlate | graph]
...and  Education > Public Libraries > Total Staff(FTE) 57% [plot | correlate | graph]
...and  Education > Public Libraries > Public Service Hours 57% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Legal services 57% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Printing and related support activities 57% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Water transportation 56% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Rental and leasing services and lessors of intangible assets 56% [plot | correlate | graph]
...and  Energy > Oil Consumption 56% [plot | correlate | graph]
...and  Energy > Conservation/Energy-Efficiency R & D Programs- Expenditures 56% [plot | correlate | graph]
...and  Health > Total Health Care Employment 56% [plot | correlate | graph]
...and  Education > Public Libraries > ALA-MLS Librarians(FTE) 56% [plot | correlate | graph]
...and  Health > Total Retail Rx Drugs 55% [plot | correlate | graph]
...and  Industry > Printing & related support activities > Production workers wages 55% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Warehousing and storage 55% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Value added 55% [plot | correlate | graph]
...and  Industry > Printing & related support activities > Total cost of materials 55% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Truck transportation 55% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Utilities 55% [plot | correlate | graph]
...and  Industry > Printing & related support activities > Value added 55% [plot | correlate | graph]
...and  Education > Public Libraries > Total Librarians(FTE) 55% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Printing and related support activities 54% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Insurance carriers and related activities 54% [plot | correlate | graph]
Average: 61%

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: Represents the total new and used capital expenditures reported by establishments in operation and any known plants under construction.

SOURCE: Annual Survey of Manufactures, 2004

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