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Correlations > Industry Statistics > Petroleum & coal products manufacturing > Total value of shipments

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

Correlations between Industry > Petroleum & coal products manufacturing > Total value of shipments ...

Variable Strength
...and  Industry > Petroleum & coal products manufacturing > Total cost of materials 100% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Production workers wages 95% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Value added 95% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Annual payroll 94% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Production workers hours 90% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Number of employees 88% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Production workers (average per year) 87% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Total capital expenditures 87% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Oil and gas extraction 83% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Oil and gas extraction 80% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Oil and gas extraction 80% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Petroleum and coal products manufacturing (per capita) 74% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Petroleum and coal products manufacturing (per capita) 74% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Support activities for mining 73% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Support activities for mining 73% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Support activities for mining 73% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Support activities for mining 71% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Petroleum and coal products manufacturing 68% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Value added (per $ GDP) 68% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Petroleum and coal products manufacturing (per capita) 63% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Petroleum and coal products manufacturing (per $ GDP) 63% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Petroleum and coal products manufacturing (per $ GDP) 63% [plot | correlate | graph]
...and  Education > Elementary & Secondary > LEP/ELL Students 62% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Pipeline transportation 61% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Total cost of materials 61% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Petroleum and coal products manufacturing 61% [plot | correlate | graph]
...and  Geography > Land area 58% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Pipeline transportation (per capita) 56% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Pipeline transportation (per capita) 56% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students- Hispanic 56% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Oil and gas extraction (per capita) 56% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Oil and gas extraction (per capita) 56% [plot | correlate | graph]
...and  Geography > Total area 56% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Total cost of materials 56% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Petroleum and coal products manufacturing (per $ GDP) 55% [plot | correlate | graph]
...and  Industry > Chemical manufacturing > Production workers wages 54% [plot | correlate | graph]
...and  Economy > GSP > Chain-type Quantity Indexes > Management of companies and enterprises 54% [plot | correlate | graph]
...and  Crime > State and Federal prisoners held in local jails 53% [plot | correlate | graph]
...and  Military > Defense Contracts- Expenditures 52% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Pipeline transportation 52% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Pipeline transportation 51% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Petroleum and coal products manufacturing 51% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Petroleum and coal products manufacturing 51% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Total value of shipments (per $ GDP) 51% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Free Lunch Eligible 50% [plot | correlate | graph]
...and  Energy > Natural Gas Consumption (per capita) 50% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Oil and gas extraction (per capita) 50% [plot | correlate | graph]
...and  People > Total Hispanic Population 50% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Oil and gas extraction (per $ GDP) 49% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Oil and gas extraction (per $ GDP) 49% [plot | correlate | graph]
Average: 65%

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.

SOURCE: Annual Survey of Manufactures, 2004

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