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Correlations > Industry Statistics > Furniture & related product manufacturing > Total value of shipments (per $ GDP)

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. 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 > Furniture & related product manufacturing > Total value of shipments (per $ GDP) ...

Variable Strength
...and  Industry > Furniture & related product manufacturing > Value added (per $ GDP) 86% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Furniture and related product manufacturing (per $ GDP) 86% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Furniture and related product manufacturing (per $ GDP) 85% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Furniture and related product manufacturing (per capita) 81% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Furniture and related product manufacturing (per capita) 81% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Total cost of materials (per $ GDP) 76% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Production workers (average per year) (per capita) 71% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Number of employees (per capita) 70% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Production workers wages (per $ GDP) 62% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Production workers hours (per capita) 58% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Total capital expenditures (per $ GDP) 58% [plot | correlate | graph]
...and  Industry > Textile mills > Total capital expenditures (per $ GDP) 53% [plot | correlate | graph]
...and  Industry > Textile mills > Annual payroll 48% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Annual payroll (per $ GDP) 47% [plot | correlate | graph]
...and  Labor > Total Manufacturing > Production workers hours (per capita) 45% [plot | correlate | graph]
...and  Labor > Textile mills > Production workers hours 45% [plot | correlate | graph]
...and  Industry > Textile mills > Annual payroll (per $ GDP) 45% [plot | correlate | graph]
...and  Labor > Percent of Civilian Employed People in the Manufacturing Industry 44% [plot | correlate | graph]
...and  Industry > Textile mills > Total capital expenditures 44% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Annual payroll (per capita) 43% [plot | correlate | graph]
...and  Industry > Textile mills > Production workers wages 41% [plot | correlate | graph]
...and  Industry > Textile mills > Annual payroll (per capita) 41% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Production workers wages (per $ GDP) 41% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Value added (per $ GDP) 39% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Furniture and related product manufacturing (per $ GDP) 39% [plot | correlate | graph]
...and  Labor > Total Manufacturing > Number of employees (per capita) 39% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Total value of shipments 38% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Annual payroll (per $ GDP) 37% [plot | correlate | graph]
...and  Industry > Textile mills > Total cost of materials 36% [plot | correlate | graph]
...and  Industry > Textile mills > Total value of shipments 35% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Furniture and related product manufacturing (per capita) 35% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Value added 35% [plot | correlate | graph]
...and  Industry > Textile mills > Value added 35% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Total cost of materials 33% [plot | correlate | graph]
...and  Labor > Textile mills > Number of employees 33% [plot | correlate | graph]
...and  Labor > Plastics & rubber products manufacturing > Number of employees (per capita) 32% [plot | correlate | graph]
...and  Labor > Textile mills > Production workers (average per year) 32% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Production workers (average per year) (per capita) 31% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Annual payroll (per capita) 30% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Furniture and related product manufacturing 30% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Furniture and related product manufacturing 30% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Furniture and related product manufacturing 29% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Furniture and related product manufacturing 28% [plot | correlate | graph]
...and  Labor > Transportation equipment manufacturing > Production workers hours (per capita) 27% [plot | correlate | graph]
...and  Labor > Furniture & related product manufacturing > Production workers (average per year) 27% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Fabricated metal product manufacturing (per $ GDP) 27% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Total capital expenditures 26% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Total capital expenditures (per $ GDP) 26% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Annual payroll (per $ GDP) 25% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Total value of shipments (per $ GDP) 25% [plot | correlate | graph]
Average: 44%

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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