StateMaster - Correlations > Industry > Petroleum & coal products manufacturing

	Variable	Strength
...and	Industry > Petroleum & coal products manufacturing > Total value of shipments	95%	[plot \| correlate \| graph]
...and	Industry > Petroleum & coal products manufacturing > Total cost of materials	93%	[plot \| correlate \| graph]
...and	Economy > GSP > Gross Operating Surplus > Oil and gas extraction	88%	[plot \| correlate \| graph]
...and	Industry > Petroleum & coal products manufacturing > Total capital expenditures	87%	[plot \| correlate \| graph]
...and	Industry > Petroleum & coal products manufacturing > Production workers wages	87%	[plot \| correlate \| graph]
...and	Industry > Petroleum & coal products manufacturing > Annual payroll	86%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Oil and gas extraction	83%	[plot \| correlate \| graph]
...and	Economy > GSP > Real GSP > Oil and gas extraction	83%	[plot \| correlate \| graph]
...and	Economy > GSP > Gross Operating Surplus > Support activities for mining	83%	[plot \| correlate \| graph]
...and	Labor > Petroleum & coal products manufacturing > Production workers hours	82%	[plot \| correlate \| graph]
...and	Economy > GSP > Real GSP > Support activities for mining	81%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Support activities for mining	81%	[plot \| correlate \| graph]
...and	Labor > Petroleum & coal products manufacturing > Number of employees	80%	[plot \| correlate \| graph]
...and	Labor > Petroleum & coal products manufacturing > Production workers (average per year)	78%	[plot \| correlate \| graph]
...and	Economy > GSP > Compensation of Employees > Support activities for mining	78%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Petroleum and coal products manufacturing (per capita)	71%	[plot \| correlate \| graph]
...and	Economy > GSP > Real GSP > Petroleum and coal products manufacturing (per capita)	71%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Oil and gas extraction (per capita)	68%	[plot \| correlate \| graph]
...and	Economy > GSP > Real GSP > Oil and gas extraction (per capita)	68%	[plot \| correlate \| graph]
...and	Industry > Chemical manufacturing > Total cost of materials	67%	[plot \| correlate \| graph]
...and	Economy > GSP > Gross Operating Surplus > Oil and gas extraction (per capita)	66%	[plot \| correlate \| graph]
...and	Industry > Petroleum & coal products manufacturing > Value added (per $ GDP)	65%	[plot \| correlate \| graph]
...and	Industry > Petroleum & coal products manufacturing > Annual payroll (per capita)	62%	[plot \| correlate \| graph]
...and	Economy > GSP > Gross Operating Surplus > Petroleum and coal products manufacturing (per capita)	62%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Oil and gas extraction (per $ GDP)	61%	[plot \| correlate \| graph]
...and	Economy > GSP > Real GSP > Oil and gas extraction (per $ GDP)	61%	[plot \| correlate \| graph]
...and	Economy > GSP > Gross Operating Surplus > Oil and gas extraction (per $ GDP)	60%	[plot \| correlate \| graph]
...and	Energy > Natural Gas Consumption (per capita)	60%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Petroleum and coal products manufacturing (per $ GDP)	59%	[plot \| correlate \| graph]
...and	Economy > GSP > Real GSP > Petroleum and coal products manufacturing (per $ GDP)	59%	[plot \| correlate \| graph]
...and	Economy > GSP > Compensation of Employees > Petroleum and coal products manufacturing	59%	[plot \| correlate \| graph]
...and	Industry > Petroleum & coal products manufacturing > Production workers wages (per $ GDP)	58%	[plot \| correlate \| graph]
...and	Economy > GSP > Real GSP > Support activities for mining (per capita)	58%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Support activities for mining (per capita)	57%	[plot \| correlate \| graph]
...and	Economy > GSP > Gross Operating Surplus > Petroleum and coal products manufacturing	56%	[plot \| correlate \| graph]
...and	Industry > Petroleum & coal products manufacturing > Annual payroll (per $ GDP)	53%	[plot \| correlate \| graph]
...and	Economy > GSP > Gross Operating Surplus > Petroleum and coal products manufacturing (per $ GDP)	53%	[plot \| correlate \| graph]
...and	Labor > Petroleum & coal products manufacturing > Production workers hours (per capita)	52%	[plot \| correlate \| graph]
...and	Economy > GSP > Compensation of Employees > Pipeline transportation	52%	[plot \| correlate \| graph]
...and	Economy > GSP > Real GSP > Support activities for mining (per $ GDP)	52%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Support activities for mining (per $ GDP)	52%	[plot \| correlate \| graph]
...and	Crime > State and Federal prisoners held in local jails	52%	[plot \| correlate \| graph]
...and	Labor > Petroleum & coal products manufacturing > Number of employees (per capita)	49%	[plot \| correlate \| graph]
...and	Economy > GSP > Real GSP > Pipeline transportation (per capita)	49%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Pipeline transportation (per capita)	49%	[plot \| correlate \| graph]
...and	Economy > GSP > Compensation of Employees > Water transportation	48%	[plot \| correlate \| graph]
...and	Industry > Chemical manufacturing > Production workers wages	48%	[plot \| correlate \| graph]
...and	Labor > Petroleum & coal products manufacturing > Production workers (average per year) (per capita)	47%	[plot \| correlate \| graph]
...and	Industry > Total Manufacturing > Total cost of materials	47%	[plot \| correlate \| graph]
...and	Economy > GSP > Nominal GSP > Rental and leasing services and lessors of intangible assets (per capita)	46%	[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.

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Detailed correlation information
Map & Graph: states ranked

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

Correlations > Industry Statistics > Petroleum & coal products manufacturing > Value added

Correlations between Industry > Petroleum & coal products manufacturing > Value added ...

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