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Correlations > Industry Statistics > Furniture & related product manufacturing > Annual payroll

DEFINITION: This item includes the gross earnings of all employees on the payrolls of operating manufacturing establishments paid in the calendar year. Respondents are told they could follow the definition of payrolls used for calculating the federal withholding tax. It includes all forms of compensation, such as salaries, wages, commissions, dismissal pay, bonuses, vacation and sick leave pay, and compensation in kind, prior to such deductions as employees' social security contributions, withholding taxes, group insurance, union dues, and savings bonds. The total includes salaries of officers of corporations; it excludes payments to proprietors or partners of unincorporated concerns. Also excluded are payments to members of Armed Forces and pensioners carried on the active payrolls of manufacturing establishments.
VIEW DATA:   Totals   Per capita   Per $ GDP  
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Showing latest available data.

Correlations between Industry > Furniture & related product manufacturing > Annual payroll ...

Variable Strength
...and  Economy > GSP > Compensation of Employees > Furniture and related product manufacturing 83% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Value added 82% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Total value of shipments 81% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Number of employees 79% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Furniture and related product manufacturing 79% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Furniture and related product manufacturing 79% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Production workers (average per year) 78% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Total cost of materials 77% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Production workers wages 67% [plot | correlate | graph]
...and  Labor > Plastics & rubber products manufacturing > Number of employees 64% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Nonmetallic mineral product manufacturing 64% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Total capital expenditures 62% [plot | correlate | graph]
...and  Labor > Total Manufacturing > Production workers hours 58% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Food product manufacturing 58% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Food product manufacturing 58% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Production workers hours 58% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Production workers wages 57% [plot | correlate | graph]
...and  Industry > Textile product mills > Total capital expenditures 56% [plot | correlate | graph]
...and  Labor > Total Manufacturing > Production workers (average per year) 55% [plot | correlate | graph]
...and  Energy > Total Energy Consumption 55% [plot | correlate | graph]
...and  Energy > Oil Consumption 55% [plot | correlate | graph]
...and  Labor > Beverage & tobacco product manufacturing > Production workers hours 54% [plot | correlate | graph]
...and  Labor > Textile product mills > Production workers hours 54% [plot | correlate | graph]
...and  Energy > Total Electricity Consumption 53% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Value added 53% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Electrical equipment and appliance manufacturing 53% [plot | correlate | graph]
...and  Industry > Textile product mills > Annual payroll 52% [plot | correlate | graph]
...and  Industry > Apparel manufacturing > Annual payroll (per capita) 52% [plot | correlate | graph]
...and  Health > Total Dual Eligible Medicaid Spending 52% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Utilities 52% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Furniture and related product manufacturing 51% [plot | correlate | graph]
...and  Health > Total SSDI Beneficiaries 51% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Production workers (average per year) 51% [plot | correlate | graph]
...and  Health > Number of Inpatient Beds 51% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Production workers (average per year) (per capita) 51% [plot | correlate | graph]
...and  Industry > Beverage & tobacco product manufacturing > Production workers wages 50% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Annual payroll 50% [plot | correlate | graph]
...and  Education > Postsecondary > Number Of Institutions > Private, Not For Profit 50% [plot | correlate | graph]
...and  Health > Total Medicaid Spending, FY2004 50% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Value added 50% [plot | correlate | graph]
...and  Labor > Plastics & rubber products manufacturing > Production workers (average per year) 50% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > White 50% [plot | correlate | graph]
...and  Industry > Beverage & tobacco product manufacturing > Total value of shipments 49% [plot | correlate | graph]
...and  Labor > Apparel manufacturing > Number of employees (per capita) 49% [plot | correlate | graph]
...and  Education > Public Libraries > Children's Program Attendance 49% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Social assistance 49% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Social assistance 49% [plot | correlate | graph]
...and  Health > Total Physician Assistants 49% [plot | correlate | graph]
...and  Labor > Fabricated metal product manufacturing > Number of employees 48% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Machinery manufacturing 48% [plot | correlate | graph]
Average: 57%

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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