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Correlations > Industry Statistics > Computer & electronic product manufacturing > Total capital expenditures

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

Correlations between Industry > Computer & electronic product manufacturing > Total capital expenditures ...

Variable Strength
...and  Economy > GSP > Real GSP > Computer and electronic product manufacturing 84% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Computer and electronic product manufacturing 84% [plot | correlate | graph]
...and  Industry > Computer & electronic product manufacturing > Total value of shipments 76% [plot | correlate | graph]
...and  Industry > Computer & electronic product manufacturing > Value added 75% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Computer and electronic product manufacturing 73% [plot | correlate | graph]
...and  Education > Elementary & Secondary > LEP/ELL Students 68% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students- Hispanic 66% [plot | correlate | graph]
...and  People > Total Hispanic Population 65% [plot | correlate | graph]
...and  Industry > Computer & electronic product manufacturing > Annual payroll 64% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > Hispanic 63% [plot | correlate | graph]
...and  Industry > Computer & electronic product manufacturing > Total cost of materials 62% [plot | correlate | graph]
...and  Labor > Computer & electronic product manufacturing > Number of employees 61% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Hispanic 59% [plot | correlate | graph]
...and  Industry > Computer & electronic product manufacturing > Production workers wages 58% [plot | correlate | graph]
...and  Labor > Computer & electronic product manufacturing > Production workers hours 58% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Production workers wages 58% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Production workers (average per year) 57% [plot | correlate | graph]
...and  Labor > Computer & electronic product manufacturing > Production workers (average per year) 56% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > Hispanic (per capita) 54% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Number of employees 53% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Annual payroll 53% [plot | correlate | graph]
...and  Health > ADAP Insurance Purchasing/Maintenance Funds 52% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Production workers hours 51% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Hispanic (per capita) 51% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Total cost of materials 51% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > Nonresident Alien 51% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Total value of shipments 47% [plot | correlate | graph]
...and  Military > Total Army Recruits 46% [plot | correlate | graph]
...and  Military > Total Navy Recruits 46% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Computer and electronic product manufacturing 45% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > Asian / Pacific Islander 45% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Staff 44% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Federal Revenue- Subtotal 43% [plot | correlate | graph]
...and  Health > Number of Births 43% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Rental and leasing services and lessors of intangible assets 43% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Rental and leasing services and lessors of intangible assets 43% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Rental and leasing services and lessors of intangible assets 43% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Second Grade Students 42% [plot | correlate | graph]
...and  Education > Elementary & Secondary > First Grade Students 42% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > Male 42% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students- Hispanic (per capita) 42% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Teachers 42% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Utilities 41% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Utilities 41% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Food services and drinking places 41% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students 41% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Fourth Grade Students 41% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Tenth Grade Students 41% [plot | correlate | graph]
...and  Health > Aged SSI 41% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Funds, trusts, and other financial vehicles 41% [plot | correlate | graph]
Average: 53%

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.

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