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Correlations > Industry Statistics > Miscellaneous manufacturing > Total value of shipments

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Correlations between Industry > Miscellaneous manufacturing > Total value of shipments ...

Variable Strength
...and  Industry > Miscellaneous manufacturing > Value added 97% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Miscellaneous manufacturing 94% [plot | correlate | graph]
...and  Labor > Miscellaneous manufacturing > Number of employees 94% [plot | correlate | graph]
...and  Labor > Miscellaneous manufacturing > Production workers (average per year) 93% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Total cost of materials 92% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Annual payroll 89% [plot | correlate | graph]
...and  Labor > Miscellaneous manufacturing > Production workers hours 87% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Miscellaneous manufacturing 86% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Miscellaneous manufacturing 86% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Doctors 80% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Hospitals and nursing and residential care facilities 79% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Hospitals and nursing and residential care facilities 79% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Hospitals and nursing and residential care facilities 79% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Insurance carriers and related activities 77% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Bachelors 77% [plot | correlate | graph]
...and  Health > Total Registered Nurses 77% [plot | correlate | graph]
...and  Health > Number of Nursing Home Residents 77% [plot | correlate | graph]
...and  Health > Total Personal Health Spending, FY2000 75% [plot | correlate | graph]
...and  Health > Total Health Care Employment 75% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > White 74% [plot | correlate | graph]
...and  Economy > Total tax burden 74% [plot | correlate | graph]
...and  Health > Total Nonfederal Physicians 74% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Social assistance 74% [plot | correlate | graph]
...and  Industry > Industrial firms > Total number of employees 73% [plot | correlate | graph]
...and  Education > Public Libraries > Children's Program Attendance 73% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Social assistance 73% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Ambulatory health care services 73% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Ambulatory health care services 73% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Social assistance 73% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Total 73% [plot | correlate | graph]
...and  Health > Total Dentists 73% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Insurance carriers and related activities 73% [plot | correlate | graph]
...and  Education > Public Libraries > ALA-MLS Librarians(FTE) 73% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Insurance carriers and related activities 73% [plot | correlate | graph]
...and  Health > Total Dual Eligible Medicaid Spending 73% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Ambulatory health care services 72% [plot | correlate | graph]
...and  Education > Postsecondary > Number Of Institutions > Four Year 72% [plot | correlate | graph]
...and  Economy > Personal income 72% [plot | correlate | graph]
...and  Industry > Industrial firms > Total number of establishments 72% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students- White, non-Hispanic 72% [plot | correlate | graph]
...and  Economy > Gross State Product > Current Dollars 72% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Educational services 72% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Other services, except government 71% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Wholesale trade 71% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Real estate 71% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Real estate 71% [plot | correlate | graph]
...and  Education > Public Libraries > Number of Public Internet Terminals 71% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > First-Professional 71% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Other services, except government 71% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Other services, except government 71% [plot | correlate | graph]
Average: 77%

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.

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