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Correlations > Industry Statistics > Primary metal manufacturing > Total value of shipments (per $ GDP)

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

Correlations between Industry > Primary metal manufacturing > Total value of shipments (per $ GDP) ...

Variable Strength
...and  Industry > Primary metal manufacturing > Total cost of materials (per $ GDP) 98% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Value added (per $ GDP) 97% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Primary metal manufacturing (per $ GDP) 91% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Primary metal manufacturing (per $ GDP) 91% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total capital expenditures (per $ GDP) 87% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Primary metal manufacturing (per capita) 82% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Primary metal manufacturing (per capita) 82% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Production workers wages (per $ GDP) 82% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Production workers hours (per capita) 80% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Production workers (average per year) (per capita) 64% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Annual payroll (per $ GDP) 60% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Primary metal manufacturing (per $ GDP) 59% [plot | correlate | graph]
...and  Energy > Electric Power Industry Emissions > NOx (per $ GDP) 57% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Motor vehicle, body, trailer, and parts manufacturing (per $ GDP) 56% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Motor vehicle, body, trailer, and parts manufacturing (per $ GDP) 56% [plot | correlate | graph]
...and  Energy > Electric Power Industry Emissions > NOx (per capita) 55% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total cost of materials 54% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Motor vehicle, body, trailer, and parts manufacturing (per capita) 54% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Motor vehicle, body, trailer, and parts manufacturing (per capita) 54% [plot | correlate | graph]
...and  Energy > Electric Power Industry Emissions > SO2 (per $ GDP) 53% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Total cost of materials (per $ GDP) 52% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Production workers wages (per $ GDP) 51% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total value of shipments 50% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total capital expenditures 49% [plot | correlate | graph]
...and  Energy > Electric Power Industry Emissions > SO2 (per capita) 47% [plot | correlate | graph]
...and  Health > Percent of Women with Arthritis 47% [plot | correlate | graph]
...and  Energy > Coal Consumption (per $ GDP) 45% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Production workers wages (per $ GDP) 44% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Total value of shipments (per $ GDP) 44% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Primary metal manufacturing (per capita) 44% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Total capital expenditures (per $ GDP) 42% [plot | correlate | graph]
...and  Energy > Electric Power Industry Emissions > CO2 (per capita) 42% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Value added 42% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Annual payroll (per $ GDP) 42% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Value added (per $ GDP) 41% [plot | correlate | graph]
...and  Industry > Furniture & related product manufacturing > Total capital expenditures (per $ GDP) 41% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Fabricated metal product manufacturing (per $ GDP) 40% [plot | correlate | graph]
...and  Energy > Coal Consumption (per capita) 40% [plot | correlate | graph]
...and  Energy > Electric Power Industry Emissions > CO2 (per $ GDP) 40% [plot | correlate | graph]
...and  Education > Bachelor's degree or higher, by percentage (inverse) 39% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Production workers wages 39% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Number of employees (per capita) 38% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Annual payroll (per $ GDP) 38% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Total value of shipments (per $ GDP) 38% [plot | correlate | graph]
...and  Labor > Percent of Civilian Employed People in the Manufacturing Industry 37% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Primary metal manufacturing 37% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Primary metal manufacturing 37% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Value added (per $ GDP) 37% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Annual payroll (per capita) 36% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Total value of shipments (per $ GDP) 36% [plot | correlate | graph]
Average: 53%

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 1,000 $ gross domestic product.

SOURCE: Annual Survey of Manufactures, 2004

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