FACTOID # 2: The Carolinas are the textile mill centers of America, coming in first and second in total value of all shipments.
 
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Correlations > Industry Statistics > Miscellaneous manufacturing > Value added

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Showing latest available data.

Correlations between Industry > Miscellaneous manufacturing > Value added ...

Variable Strength
...and  Industry > Miscellaneous manufacturing > Total value of shipments 97% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Miscellaneous manufacturing 91% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Miscellaneous manufacturing 90% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Miscellaneous manufacturing 90% [plot | correlate | graph]
...and  Labor > Miscellaneous manufacturing > Number of employees 88% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Annual payroll 87% [plot | correlate | graph]
...and  Labor > Miscellaneous manufacturing > Production workers (average per year) 87% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Total cost of materials 81% [plot | correlate | graph]
...and  Labor > Miscellaneous manufacturing > Production workers hours 81% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Doctors 76% [plot | correlate | graph]
...and  Health > Total Registered Nurses 72% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Hospitals and nursing and residential care facilities 72% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Hospitals and nursing and residential care facilities 72% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Hospitals and nursing and residential care facilities 72% [plot | correlate | graph]
...and  Industry > Miscellaneous manufacturing > Production workers wages 72% [plot | correlate | graph]
...and  Health > Number of Nursing Home Residents 71% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Bachelors 71% [plot | correlate | graph]
...and  Health > Total Health Care Employment 70% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Ambulatory health care services 70% [plot | correlate | graph]
...and  Industry > Industrial firms > Total number of employees 70% [plot | correlate | graph]
...and  Health > Total Personal Health Spending, FY2000 70% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > White 70% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Social assistance 70% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Insurance carriers and related activities 70% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Social assistance 69% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Social assistance 69% [plot | correlate | graph]
...and  Health > Total Dual Eligible Medicaid Spending 69% [plot | correlate | graph]
...and  Education > Public Libraries > Children's Program Attendance 69% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Ambulatory health care services 69% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Ambulatory health care services 69% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Total 69% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students- White, non-Hispanic 69% [plot | correlate | graph]
...and  Industry > Industrial firms > Total number of establishments 68% [plot | correlate | graph]
...and  Economy > Total tax burden 68% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Other services, except government 68% [plot | correlate | graph]
...and  Health > Total Medicare Beneficiaries 68% [plot | correlate | graph]
...and  Economy > Personal income 67% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Retail trade 67% [plot | correlate | graph]
...and  Government > 2004 Election > Total voted 67% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Construction 67% [plot | correlate | graph]
...and  Health > Total Nonfederal Physicians 67% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Other services, except government 67% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Other services, except government 67% [plot | correlate | graph]
...and  Health > Total Dentists 67% [plot | correlate | graph]
...and  Government > 2004 Election > Total registered voters 67% [plot | correlate | graph]
...and  Education > Postsecondary > Number Of Institutions > Four Year 66% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Real estate 66% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Real estate 66% [plot | correlate | graph]
...and  Government > 2004 Election > Voting age population 66% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > White 66% [plot | correlate | graph]
Average: 72%

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 measure of manufacturing activity is derived by subtracting the cost of materials, supplies, containers, fuel, purchased electricity, and contract work from the value of shipments (products manufactured plus receipts for services rendered). The result of this calculation is adjusted by the addition of value added by merchandising operations (i.e., the difference between the sales value and the cost of merchandise sold without further manufacture, processing, or assembly) plus the net change in finished goods and work-in-process between the beginning- and end-of-year inventories.

SOURCE: Annual Survey of Manufactures, 2004

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