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Correlations > Industry Statistics > Printing & related support activities > Value added

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

Correlations between Industry > Printing & related support activities > Value added ...

Variable Strength
...and  Industry > Printing & related support activities > Total value of shipments 99% [plot | correlate | graph]
...and  Industry > Printing & related support activities > Total cost of materials 98% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Printing and related support activities 98% [plot | correlate | graph]
...and  Industry > Printing & related support activities > Production workers wages 98% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Printing and related support activities 97% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Printing and related support activities 97% [plot | correlate | graph]
...and  Labor > Printing & related support activities > Production workers (average per year) 96% [plot | correlate | graph]
...and  Industry > Printing & related support activities > Annual payroll 94% [plot | correlate | graph]
...and  Labor > Printing & related support activities > Production workers hours 92% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Printing and related support activities 87% [plot | correlate | graph]
...and  Labor > Printing & related support activities > Number of employees 84% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Annual payroll 81% [plot | correlate | graph]
...and  Health > Number of Nursing Home Residents 81% [plot | correlate | graph]
...and  Education > Public Libraries > Public Service Hours 81% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > White 81% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Hospitals and nursing and residential care facilities 81% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Hospitals and nursing and residential care facilities 81% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Social assistance 80% [plot | correlate | graph]
...and  Labor > Fabricated metal product manufacturing > Number of employees 80% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > White 80% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Hospitals and nursing and residential care facilities 80% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Social assistance 80% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Social assistance 80% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Fabricated metal product manufacturing 80% [plot | correlate | graph]
...and  Health > Total Registered Nurses 80% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students- White, non-Hispanic 79% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Fabricated metal product manufacturing 79% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Fabricated metal product manufacturing 79% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Insurance carriers and related activities 78% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Insurance carriers and related activities 78% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Annual payroll 78% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Value added 78% [plot | correlate | graph]
...and  Education > Public Libraries > Circulation of Children's Materials 78% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Machinery manufacturing 78% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Production workers wages 78% [plot | correlate | graph]
...and  Health > Total Health Care Employment 78% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Total value of shipments 78% [plot | correlate | graph]
...and  Education > Postsecondary > Number Of Institutions > Four Year 77% [plot | correlate | graph]
...and  Education > Public Libraries > Children's Program Attendance 77% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Truck transportation 77% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Truck transportation 77% [plot | correlate | graph]
...and  Education > Public Libraries > Number of Public Internet Terminals 77% [plot | correlate | graph]
...and  Health > Total Dual Eligible Medicaid Spending 76% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Total cost of materials 76% [plot | correlate | graph]
...and  Education > Postsecondary > Number Of Institutions > Private, Not For Profit 76% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Value added 76% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Transit and ground passenger transportation 75% [plot | correlate | graph]
...and  Health > Number of Nursing Homes 75% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > First-Professional 75% [plot | correlate | graph]
...and  Education > Public Libraries > Total Staff(FTE) 75% [plot | correlate | graph]
Average: 82%

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: 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

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