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Correlations > Industry Statistics > Miscellaneous manufacturing > Total capital expenditures

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

Correlations between Industry > Miscellaneous manufacturing > Total capital expenditures ...

Variable Strength
...and  Industry > Miscellaneous manufacturing > Production workers wages 66% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Value added 57% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Miscellaneous manufacturing 56% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Miscellaneous manufacturing 56% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Miscellaneous manufacturing 51% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Total value of shipments 50% [plot | correlate | graph]
...and  Health > Total Dual Eligible Medicaid Spending 49% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Miscellaneous manufacturing 48% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Individualized Education Program 47% [plot | correlate | graph]
...and  Health > Total Medicaid Spending, FY2004 46% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Reduced-price Lunch Eligible 45% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Total cost of materials 43% [plot | correlate | graph]
...and  Health > % Point Change in Medicaid (inverse) 43% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Truck transportation 42% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Annual payroll 42% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Annual payroll 42% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Truck transportation 42% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Truck transportation 42% [plot | correlate | graph]
...and  Labor > Miscellaneous manufacturing > Number of employees 42% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Production workers wages 42% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Other transportation and support activities 42% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Other transportation and support activities 42% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Social assistance 41% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Truck transportation 41% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Social assistance 41% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Social assistance 41% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Administrative and support services (per $ GDP) 41% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Total value of shipments 41% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Construction 41% [plot | correlate | graph]
...and  Labor > Miscellaneous manufacturing > Production workers (average per year) 40% [plot | correlate | graph]
...and  Labor > Nonmetallic mineral product manufacturing > Production workers (average per year) 40% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Administrative and support services 40% [plot | correlate | graph]
...and  Labor > Nonmetallic mineral product manufacturing > Production workers hours 40% [plot | correlate | graph]
...and  Health > Total State Health Care Spending 40% [plot | correlate | graph]
...and  Health > Number of Abortions 39% [plot | correlate | graph]
...and  Labor > Printing & related support activities > Number of employees 39% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Value added 38% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Nonmetallic mineral product manufacturing 38% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Amusements, gambling, and recreation 38% [plot | correlate | graph]
...and  Health > Current Annual Appropriation 38% [plot | correlate | graph]
...and  Health > Total Tobacco Funds 38% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Transit and ground passenger transportation 37% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Free Lunch Eligible 37% [plot | correlate | graph]
...and  Labor > Nonmetallic mineral product manufacturing > Number of employees 37% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Masters 36% [plot | correlate | graph]
...and  Health > CARE Act Total Funding 36% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Amusements, gambling, and recreation 36% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Amusements, gambling, and recreation 36% [plot | correlate | graph]
...and  Health > Persons with AIDS Adult/Adolescent 36% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Total capital expenditures 36% [plot | correlate | graph]
Average: 42%

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.

SOURCE: Annual Survey of Manufactures, 2004

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