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Correlations > Industry Statistics > Textile mills > Total value of shipments

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

Correlations between Industry > Textile mills > Total value of shipments ...

Variable Strength
...and  Industry > Textile mills > Total cost of materials 100% [plot | correlate | graph]
...and  Industry > Textile mills > Value added 99% [plot | correlate | graph]
...and  Labor > Textile mills > Number of employees 99% [plot | correlate | graph]
...and  Labor > Textile mills > Production workers (average per year) 98% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Textile and textile product mills 95% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Textile and textile product mills 95% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Textile and textile product mills 87% [plot | correlate | graph]
...and  Labor > Textile mills > Production workers (average per year) (per capita) 78% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Textile and textile product mills (per capita) 77% [plot | correlate | graph]
...and  Labor > Textile mills > Number of employees (per capita) 77% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Textile and textile product mills (per capita) 76% [plot | correlate | graph]
...and  Industry > Textile mills > Production workers wages 76% [plot | correlate | graph]
...and  Labor > Textile mills > Production workers hours 76% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Textile and textile product mills 75% [plot | correlate | graph]
...and  Industry > Textile mills > Annual payroll 72% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Textile and textile product mills (per $ GDP) 72% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Textile and textile product mills (per $ GDP) 71% [plot | correlate | graph]
...and  Industry > Textile mills > Total cost of materials (per $ GDP) 70% [plot | correlate | graph]
...and  Labor > Beverage & tobacco product manufacturing > Production workers (average per year) (per capita) 70% [plot | correlate | graph]
...and  Industry > Beverage & tobacco product manufacturing > Annual payroll (per $ GDP) 69% [plot | correlate | graph]
...and  Industry > Textile mills > Total value of shipments (per $ GDP) 68% [plot | correlate | graph]
...and  Industry > Beverage & tobacco product manufacturing > Annual payroll (per capita) 67% [plot | correlate | graph]
...and  Industry > Beverage & tobacco product manufacturing > Production workers wages (per $ GDP) 66% [plot | correlate | graph]
...and  Industry > Textile mills > Total capital expenditures (per $ GDP) 63% [plot | correlate | graph]
...and  Industry > Textile product mills > Total value of shipments 63% [plot | correlate | graph]
...and  Industry > Textile mills > Value added (per $ GDP) 63% [plot | correlate | graph]
...and  Industry > Textile product mills > Total cost of materials 63% [plot | correlate | graph]
...and  Labor > Beverage & tobacco product manufacturing > Production workers hours (per capita) 62% [plot | correlate | graph]
...and  Labor > Textile product mills > Number of employees (per capita) 62% [plot | correlate | graph]
...and  Industry > Textile mills > Total capital expenditures 60% [plot | correlate | graph]
...and  Industry > Textile product mills > Value added (per $ GDP) 60% [plot | correlate | graph]
...and  Industry > Beverage & tobacco product manufacturing > Total capital expenditures (per $ GDP) 58% [plot | correlate | graph]
...and  Labor > Textile mills > Production workers hours (per capita) 58% [plot | correlate | graph]
...and  Labor > Textile product mills > Production workers hours (per capita) 57% [plot | correlate | graph]
...and  Labor > Beverage & tobacco product manufacturing > Number of employees (per capita) 57% [plot | correlate | graph]
...and  Industry > Textile product mills > Annual payroll (per capita) 56% [plot | correlate | graph]
...and  Industry > Textile product mills > Value added 55% [plot | correlate | graph]
...and  Industry > Textile mills > Annual payroll (per $ GDP) 54% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Textile and textile product mills (per capita) 53% [plot | correlate | graph]
...and  Industry > Textile mills > Annual payroll (per capita) 53% [plot | correlate | graph]
...and  Industry > Textile product mills > Total value of shipments (per $ GDP) 53% [plot | correlate | graph]
...and  Industry > Textile mills > Production workers wages (per $ GDP) 52% [plot | correlate | graph]
...and  Industry > Textile product mills > Production workers wages 51% [plot | correlate | graph]
...and  Labor > Textile product mills > Production workers hours 50% [plot | correlate | graph]
...and  Industry > Textile product mills > Production workers wages (per $ GDP) 49% [plot | correlate | graph]
...and  Industry > Beverage & tobacco product manufacturing > Total value of shipments 49% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Food product manufacturing (per $ GDP) 48% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Food product manufacturing (per $ GDP) 48% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Textile and textile product mills (per $ GDP) 47% [plot | correlate | graph]
...and  Industry > Textile product mills > Annual payroll (per $ GDP) 47% [plot | correlate | graph]
Average: 67%

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

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