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Correlations > Industry Statistics > Computer & electronic product manufacturing > Total value of shipments

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

Correlations between Industry > Computer & electronic product manufacturing > Total value of shipments ...

Variable Strength
...and  Industry > Computer & electronic product manufacturing > Value added 93% [plot | correlate | graph]
...and  Industry > Computer & electronic product manufacturing > Total cost of materials 88% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Computer and electronic product manufacturing 87% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Computer and electronic product manufacturing 87% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Computer and electronic product manufacturing 81% [plot | correlate | graph]
...and  Industry > Computer & electronic product manufacturing > Total capital expenditures 76% [plot | correlate | graph]
...and  Education > Elementary & Secondary > LEP/ELL Students 73% [plot | correlate | graph]
...and  Industry > Computer & electronic product manufacturing > Annual payroll 73% [plot | correlate | graph]
...and  Labor > Computer & electronic product manufacturing > Number of employees 70% [plot | correlate | graph]
...and  Industry > Computer & electronic product manufacturing > Production workers wages 69% [plot | correlate | graph]
...and  Labor > Computer & electronic product manufacturing > Production workers hours 68% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students- Hispanic 67% [plot | correlate | graph]
...and  People > Total Hispanic Population 67% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > Hispanic 65% [plot | correlate | graph]
...and  Labor > Computer & electronic product manufacturing > Production workers (average per year) 64% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Hospitals and nursing and residential care facilities 60% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Hispanic 60% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Food services and drinking places 57% [plot | correlate | graph]
...and  Education > Elementary & Secondary > First Grade Students 55% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Production workers wages 55% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Second Grade Students 55% [plot | correlate | graph]
...and  Health > Number of Births 55% [plot | correlate | graph]
...and  Military > Total Navy Recruits 55% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Securities, commodity contracts, investments 54% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Retail trade 54% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Kindergarten Students 54% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Free Lunch Eligible 54% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Production workers (average per year) 54% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Administrative and support services 54% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students 54% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Fourth Grade Students 54% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Third Grade Students 53% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Food services and drinking places 53% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Other services, except government 53% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Food services and drinking places 53% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Food services and drinking places 53% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Fifth Grade Students 53% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Eleventh Grade Students 53% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Staff 53% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Twelfth Grade Students 53% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Ninth Grade Students 53% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Rental and leasing services and lessors of intangible assets 53% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Tenth Grade Students 52% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Rental and leasing services and lessors of intangible assets 52% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Non-Instructional Expend.- Subtotal 52% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Wholesale trade 52% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Sixth Grade Students 52% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Number of Schools 52% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Teachers 52% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Eighth Grade Students 52% [plot | correlate | graph]
Average: 60%

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: Includes the received or receivable net selling values, “Free on Board� (FOB) plant (exclusive of freight and taxes), of all products shipped, both primary and secondary, as well as all miscellaneous receipts, such as receipts for contract work performed for others, installation and repair, sales of scrap, and sales of products bought and sold without further processing. Included are all items made by or for the establishments from material owned by it, whether sold, transferred to other plants of the same company, or shipped on consignment. The net selling value of products made in one plant on a contract basis from materials owned by another is reported by the plant providing the materials.

SOURCE: Annual Survey of Manufactures, 2004

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