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Correlations > Industry Statistics > Petroleum & coal products manufacturing > Total capital expenditures (per $ GDP)

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

Correlations between Industry > Petroleum & coal products manufacturing > Total capital expenditures (per $ GDP) ...

Variable Strength
...and  Industry > Petroleum & coal products manufacturing > Total cost of materials (per $ GDP) 79% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Number of employees (per capita) 78% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Production workers (average per year) (per capita) 75% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Total value of shipments (per $ GDP) 75% [plot | correlate | graph]
...and  Energy > Natural Gas Consumption (per $ GDP) 73% [plot | correlate | graph]
...and  Energy > Natural Gas Consumption (per capita) 72% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Pipeline transportation (per $ GDP) 72% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Pipeline transportation (per $ GDP) 71% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Production workers wages (per $ GDP) 66% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Pipeline transportation (per capita) 65% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Pipeline transportation (per capita) 65% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Support activities for mining (per $ GDP) 65% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Support activities for mining (per $ GDP) 65% [plot | correlate | graph]
...and  Military > Navy Recruits: Percent Female (inverse) 64% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Production workers hours (per capita) 64% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Support activities for mining (per capita) 62% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Support activities for mining (per capita) 62% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Annual payroll (per $ GDP) 62% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Oil and gas extraction (per $ GDP) 59% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Oil and gas extraction (per $ GDP) 59% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Support activities for mining (per $ GDP) 59% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Oil and gas extraction (per $ GDP) 57% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Support activities for mining (per capita) 56% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Annual payroll (per capita) 56% [plot | correlate | graph]
...and  Health > Percent Who Are Immunized (inverse) 56% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Number of Schools (per capita) 55% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Oil and gas extraction (per capita) 54% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Oil and gas extraction (per capita) 54% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Crop and animal production (Farms) (per $ GDP) 52% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Performing arts, museums, and related activities (per $ GDP) (inverse) 52% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Performing arts, museums, and related activities (per $ GDP) (inverse) 51% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Oil and gas extraction (per capita) 50% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Crop and animal production (Farms) (per $ GDP) 50% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Crop and animal production (Farms) (per $ GDP) 49% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Crop and animal production (Farms) (per capita) 49% [plot | correlate | graph]
...and  Energy > Total Energy Consumption (per capita) 47% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students (per capita) 45% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Value added (per $ GDP) 45% [plot | correlate | graph]
...and  Health > Fruits and vegetables consumption (inverse) 44% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Performing arts, museums, and related activities (per capita) (inverse) 43% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Performing arts, museums, and related activities (per capita) (inverse) 43% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > American Indian / Alaska Native (per capita) 43% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Intermediate Revenues (per $ GDP) 43% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Crop and animal production (Farms) (per capita) 43% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Crop and animal production (Farms) (per capita) 43% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Non-Instructional Expend.- Subtotal (per capita) 42% [plot | correlate | graph]
...and  Energy > Total Energy Consumption (per $ GDP) 42% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > American Indian / Alaska Native (per capita) 42% [plot | correlate | graph]
...and  Crime > Homicide > Victims by Weapon > Gun (inverse) 41% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Performing arts, museums, and related activities (per $ GDP) (inverse) 40% [plot | correlate | graph]
Average: 56%

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. Per $ GDP figures expressed per 10,000 $ gross domestic product.

SOURCE: Annual Survey of Manufactures, 2004

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