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Correlations > Industry Statistics > Nonmetallic mineral product manufacturing > Total cost of materials

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the individual establishment from other companies, transferred to it from other establishments of the same company, or withdrawn from inventory during the year.
VIEW DATA:   Totals   Per $ GDP  
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Showing latest available data.

Correlations between Industry > Nonmetallic mineral product manufacturing > Total cost of materials ...

Variable Strength
...and  Industry > Nonmetallic mineral product manufacturing > Total value of shipments 97% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Value added 96% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Annual payroll 95% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Production workers wages 95% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Nonmetallic mineral product manufacturing 93% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Nonmetallic mineral product manufacturing 93% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Nonmetallic mineral product manufacturing 93% [plot | correlate | graph]
...and  Health > Number of Infant Deaths 91% [plot | correlate | graph]
...and  Health > Total State Health Care Spending 89% [plot | correlate | graph]
...and  Labor > Nonmetallic mineral product manufacturing > Production workers hours 89% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Truck transportation 89% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Truck transportation 89% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Individualized Education Program 88% [plot | correlate | graph]
...and  Health > Total Medicaid Spending, FY2004 88% [plot | correlate | graph]
...and  Labor > Nonmetallic mineral product manufacturing > Number of employees 87% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students- White, non-Hispanic 87% [plot | correlate | graph]
...and  Energy > Total Energy Consumption 87% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Eleventh Grade Students 87% [plot | correlate | graph]
...and  Health > Number of Nursing Homes 86% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Value added 86% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > White 86% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Truck transportation 86% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Truck transportation 86% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Staff 86% [plot | correlate | graph]
...and  Health > Total Retail Rx Drugs 85% [plot | correlate | graph]
...and  Education > Public Libraries > Number of Public Internet Terminals 85% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Teachers 85% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Seventh Grade Students 85% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Twelfth Grade Students 85% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Eighth Grade Students 85% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Sixth Grade Students 85% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Fifth Grade Students 85% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Kindergarten Students 85% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Total value of shipments 85% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Fourth Grade Students 84% [plot | correlate | graph]
...and  Education > Elementary & Secondary > First Grade Students 84% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Tenth Grade Students 84% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students 84% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Third Grade Students 84% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Second Grade Students 84% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Nonmetallic mineral product manufacturing 84% [plot | correlate | graph]
...and  Health > Total Health Care Employment 84% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Retail trade 84% [plot | correlate | graph]
...and  Health > Total Hospitals 84% [plot | correlate | graph]
...and  Education > Public Libraries > Children's Program Attendance 83% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Ninth Grade Students 83% [plot | correlate | graph]
...and  Government > 2004 Election > Voting age population 83% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Non-Instructional Expend.- Subtotal 82% [plot | correlate | graph]
...and  Government > 2004 Election > Total registered voters 82% [plot | correlate | graph]
...and  Health > Number of Births of Low Birthweight 82% [plot | correlate | graph]
Average: 87%

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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