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Correlations > Industry Statistics > Total Manufacturing > Annual payroll

DEFINITION: This item includes the gross earnings of all employees on the payrolls of operating manufacturing establishments paid in the calendar year. Respondents are told they could follow the definition of payrolls used for calculating the federal withholding tax. It includes all forms of compensation, such as salaries, wages, commissions, dismissal pay, bonuses, vacation and sick leave pay, and compensation in kind, prior to such deductions as employees' social security contributions, withholding taxes, group insurance, union dues, and savings bonds. The total includes salaries of officers of corporations; it excludes payments to proprietors or partners of unincorporated concerns. Also excluded are payments to members of Armed Forces and pensioners carried on the active payrolls of manufacturing establishments.
VIEW DATA:   Totals   Per capita   Per $ GDP  
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Showing latest available data.

Correlations between Industry > Total Manufacturing > Annual payroll ...

Variable Strength
...and  Labor > Total Manufacturing > Number of employees 98% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Production workers wages 98% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Value added 95% [plot | correlate | graph]
...and  Labor > Total Manufacturing > Production workers hours 93% [plot | correlate | graph]
...and  Labor > Fabricated metal product manufacturing > Number of employees 92% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Total capital expenditures 92% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Fabricated metal product manufacturing 92% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Fabricated metal product manufacturing 92% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Value added 92% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Annual payroll 91% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Fabricated metal product manufacturing 91% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Total value of shipments 90% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Total value of shipments 90% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Plastics and rubber products manufacturing 90% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Machinery manufacturing 89% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Fabricated metal product manufacturing 89% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Production workers wages 88% [plot | correlate | graph]
...and  Education > Elementary & Secondary > Total Students- White, non-Hispanic 88% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Total cost of materials 88% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Plastics and rubber products manufacturing 88% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Plastics and rubber products manufacturing 88% [plot | correlate | graph]
...and  Education > Public Libraries > Public Service Hours 87% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Total value of shipments 86% [plot | correlate | graph]
...and  Labor > Total Manufacturing > Production workers (average per year) 86% [plot | correlate | graph]
...and  Labor > Machinery manufacturing > Production workers hours 86% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Annual payroll 86% [plot | correlate | graph]
...and  Education > Public Libraries > Number of Public Internet Terminals 86% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Annual payroll 86% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Total cost of materials 85% [plot | correlate | graph]
...and  Industry > Machinery manufacturing > Production workers wages 85% [plot | correlate | graph]
...and  Industry > Machinery manufacturing > Annual payroll 85% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Nonmetallic mineral product manufacturing 85% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Value added 85% [plot | correlate | graph]
...and  Education > Postsecondary > Total Fall Enrollment > White 84% [plot | correlate | graph]
...and  Labor > Plastics & rubber products manufacturing > Production workers (average per year) 84% [plot | correlate | graph]
...and  Labor > Fabricated metal product manufacturing > Production workers (average per year) 84% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Total capital expenditures 84% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Truck transportation 83% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Truck transportation 83% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Machinery manufacturing 82% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Machinery manufacturing 82% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Truck transportation 82% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Value added 82% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Total capital expenditures 82% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Truck transportation 82% [plot | correlate | graph]
...and  Industry > Nonmetallic mineral product manufacturing > Production workers wages 82% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Total cost of materials 82% [plot | correlate | graph]
...and  Health > Number of Nursing Homes 81% [plot | correlate | graph]
...and  Education > Public Libraries > Users of Electronic Resources 81% [plot | correlate | graph]
...and  Labor > Nonmetallic mineral product manufacturing > Production workers (average per year) 80% [plot | correlate | graph]
Average: 87%

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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