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Correlations > Industry Statistics > Leather & allied product manufacturing > Total cost of materials (per $ GDP)

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

Correlations between Industry > Leather & allied product manufacturing > Total cost of materials (per $ GDP) ...

Variable Strength
...and  Industry > Leather & allied product manufacturing > Total value of shipments (per $ GDP) 91% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Production workers wages (per $ GDP) 87% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Value added (per $ GDP) 86% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Annual payroll (per $ GDP) 85% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Annual payroll (per capita) 85% [plot | correlate | graph]
...and  Industry > Leather & allied product manufacturing > Total capital expenditures (per $ GDP) 82% [plot | correlate | graph]
...and  Labor > Leather & allied product manufacturing > Production workers hours (per capita) 81% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Forestry, fishing, and related activities (per capita) 79% [plot | correlate | graph]
...and  Labor > Leather & allied product manufacturing > Production workers (average per year) (per capita) 79% [plot | correlate | graph]
...and  Energy > Total Renewable Energy Consumption (per $ GDP) 78% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Forestry, fishing, and related activities (per $ GDP) 78% [plot | correlate | graph]
...and  Energy > Total Renewable Energy Consumption (per capita) 75% [plot | correlate | graph]
...and  Labor > Leather & allied product manufacturing > Number of employees (per capita) 73% [plot | correlate | graph]
...and  Military > Navy Recruits: Percent Native American 73% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Other transportation equipment manufacturing (per $ GDP) 72% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Other transportation equipment manufacturing (per $ GDP) 71% [plot | correlate | graph]
...and  Economy > GSP > Chain-type Quantity Indexes > Air transportation 71% [plot | correlate | graph]
...and  Education > Public Libraries > Number of Central Libraries (per capita) 67% [plot | correlate | graph]
...and  Energy > Renewables Share of Total Energy 67% [plot | correlate | graph]
...and  Industry > Textile product mills > Production workers wages (per $ GDP) 63% [plot | correlate | graph]
...and  Education > Postsecondary > Number Of Institutions > Public (per capita) 62% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Other transportation equipment manufacturing (per capita) 60% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Other transportation equipment manufacturing (per capita) 60% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Forestry, fishing, and related activities (per $ GDP) 60% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Forestry, fishing, and related activities (per $ GDP) 59% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Other transportation equipment manufacturing (per $ GDP) 58% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Forestry, fishing, and related activities (per capita) 57% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Forestry, fishing, and related activities (per capita) 56% [plot | correlate | graph]
...and  Military > DOD Civilian Employees > Salaries & Wages (per $ GDP) 56% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Paper manufacturing (per $ GDP) 56% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Paper manufacturing (per $ GDP) 56% [plot | correlate | graph]
...and  Energy > State Energy Program and Special Projects- Expenditures (per $ GDP) 54% [plot | correlate | graph]
...and  Industry > Textile product mills > Total capital expenditures (per $ GDP) 53% [plot | correlate | graph]
...and  Energy > Weatherization Assistance for Low-Income Persons- Expenditures (per $ GDP) 52% [plot | correlate | graph]
...and  Energy > Hydroelectric Energy Consumption (per $ GDP) 52% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Number of Schools (per capita) 51% [plot | correlate | graph]
...and  Energy > Renewable Hydroelectric Production (per $ GDP) 49% [plot | correlate | graph]
...and  Military > DOD Civilian Employees > Salaries & Wages (per capita) 48% [plot | correlate | graph]
...and  Health > Tobacco use > Former smokers 48% [plot | correlate | graph]
...and  Industry > Wood product manufacturing > Total capital expenditures (per $ GDP) 48% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Paper manufacturing (per capita) 48% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Other transportation equipment manufacturing (per capita) 47% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Paper manufacturing (per capita) 47% [plot | correlate | graph]
...and  Military > Department of Defense > Procurement and All Salaries (per $ GDP) 47% [plot | correlate | graph]
...and  People > Percent of People 5 to 20 Years Old With a Disability 47% [plot | correlate | graph]
...and  Education > Public Libraries > Public Service Hours (per capita) 46% [plot | correlate | graph]
...and  Industry > Wood product manufacturing > Value added (per $ GDP) 46% [plot | correlate | graph]
...and  Housing > Percent of Occupied Housing Units With Fuel Oil, Kerosene, Etc. as Principal Heating Fuel 44% [plot | correlate | graph]
...and  Health > Prostate cancer testing (inverse) 43% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Paper manufacturing (per $ GDP) 43% [plot | correlate | graph]
Average: 62%

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: This term refers to direct charges actually paid or payable for items consumed or put into production during the year, including freight charges and other direct charges incurred by the establishment in acquiring these materials. It includes the cost of materials or fuel consumed, whether purchased by the individual establishment from other companies, transferred to it from other establishments of the same company, or withdrawn from inventory during the year. Per $ GDP figures expressed per 10,000 $ gross domestic product.

SOURCE: Annual Survey of Manufactures, 2004

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