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Correlations > Industry Statistics > Petroleum & coal products manufacturing > Total value of shipments (per $ GDP)

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Correlations between Industry > Petroleum & coal products manufacturing > Total value of shipments (per $ GDP) ...

Variable Strength
...and  Industry > Petroleum & coal products manufacturing > Total cost of materials (per $ GDP) 99% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Value added (per $ GDP) 87% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Annual payroll (per capita) 83% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Production workers wages (per $ GDP) 82% [plot | correlate | graph]
...and  Energy > Natural Gas Consumption (per capita) 82% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Annual payroll (per $ GDP) 80% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Oil and gas extraction (per $ GDP) 78% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Support activities for mining (per capita) 78% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Support activities for mining (per capita) 77% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Pipeline transportation (per capita) 77% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Pipeline transportation (per capita) 77% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Production workers hours (per capita) 77% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Oil and gas extraction (per $ GDP) 77% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Oil and gas extraction (per $ GDP) 76% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Oil and gas extraction (per capita) 76% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Oil and gas extraction (per capita) 76% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Oil and gas extraction (per capita) 76% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Pipeline transportation (per $ GDP) 76% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Pipeline transportation (per $ GDP) 76% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Total capital expenditures (per $ GDP) 75% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Support activities for mining (per $ GDP) 74% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Support activities for mining (per $ GDP) 74% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Support activities for mining (per capita) 74% [plot | correlate | graph]
...and  Energy > Natural Gas Consumption (per $ GDP) 71% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Support activities for mining (per $ GDP) 70% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Number of employees (per capita) 68% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Production workers (average per year) (per capita) 67% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Petroleum and coal products manufacturing (per $ GDP) 63% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Petroleum and coal products manufacturing (per $ GDP) 63% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Total capital expenditures 61% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Petroleum and coal products manufacturing (per capita) 58% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Petroleum and coal products manufacturing (per capita) 58% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Total cost of materials 53% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Total value of shipments 51% [plot | correlate | graph]
...and  Health > Percent Who Are Immunized (inverse) 51% [plot | correlate | graph]
...and  Energy > Total Energy Consumption (per capita) 47% [plot | correlate | graph]
...and  Economy > GSP > Chain-type Quantity Indexes > Management of companies and enterprises 45% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Value added 45% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Support activities for mining 45% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Rental and leasing services and lessors of intangible assets (per $ GDP) 43% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Rental and leasing services and lessors of intangible assets (per $ GDP) 43% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Production workers wages 43% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Production workers hours 43% [plot | correlate | graph]
...and  Industry > Petroleum & coal products manufacturing > Annual payroll 42% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Rental and leasing services and lessors of intangible assets (per $ GDP) 41% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students (per capita) 41% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Support activities for mining 39% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Prekindergarten Students (per capita) 39% [plot | correlate | graph]
...and  Labor > Petroleum & coal products manufacturing > Production workers (average per year) 39% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Support activities for mining 38% [plot | correlate | graph]
Average: 64%

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. Per $ GDP figures expressed per 100 $ gross domestic product.

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