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Correlations > Industry Statistics > Transportation equipment manufacturing > Production workers wages (per $ GDP)

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

Correlations between Industry > Transportation equipment manufacturing > Production workers wages (per $ GDP) ...

Variable Strength
...and  Labor > Transportation equipment manufacturing > Production workers hours (per capita) 93% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Total value of shipments (per $ GDP) 93% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Annual payroll (per $ GDP) 91% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Total cost of materials (per $ GDP) 89% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Value added (per $ GDP) 87% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Annual payroll (per capita) 85% [plot | correlate | graph]
...and  Labor > Transportation equipment manufacturing > Number of employees (per capita) 82% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Total capital expenditures (per $ GDP) 73% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Motor vehicle, body, trailer, and parts manufacturing (per $ GDP) 71% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Motor vehicle, body, trailer, and parts manufacturing (per $ GDP) 71% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Motor vehicle, body, trailer, and parts manufacturing (per capita) 68% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Motor vehicle, body, trailer, and parts manufacturing (per capita) 68% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Total cost of materials 59% [plot | correlate | graph]
...and  Labor > Transportation equipment manufacturing > Number of employees 57% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Production workers wages 56% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Total value of shipments 55% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Production workers wages (per $ GDP) 53% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Total capital expenditures 50% [plot | correlate | graph]
...and  Labor > Transportation equipment manufacturing > Production workers hours 50% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Motor vehicle, body, trailer, and parts manufacturing 50% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Motor vehicle, body, trailer, and parts manufacturing 50% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Motor vehicle, body, trailer, and parts manufacturing (per $ GDP) 47% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Motor vehicle, body, trailer, and parts manufacturing (per capita) 47% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Motor vehicle, body, trailer, and parts manufacturing 46% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Value added 44% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Annual payroll (per $ GDP) 44% [plot | correlate | graph]
...and  Labor > Percent of Civilian Employed People in the Manufacturing Industry 43% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Annual payroll (per $ GDP) 42% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Annual payroll (per capita) 41% [plot | correlate | graph]
...and  Industry > Fabricated metal product manufacturing > Total capital expenditures (per $ GDP) 41% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Production workers (average per year) (per capita) 40% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Total value of shipments (per $ GDP) 40% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Production workers wages (per $ GDP) 38% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Total cost of materials (per $ GDP) 38% [plot | correlate | graph]
...and  Labor > Plastics & rubber products manufacturing > Production workers (average per year) (per capita) 37% [plot | correlate | graph]
...and  Industry > Transportation equipment manufacturing > Annual payroll 37% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Annual payroll (per capita) 36% [plot | correlate | graph]
...and  Labor > Total Manufacturing > Production workers hours (per capita) 35% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Production workers hours (per capita) 35% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Total cost of materials (per $ GDP) 34% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total cost of materials 34% [plot | correlate | graph]
...and  Industry > Plastics & rubber products manufacturing > Total value of shipments (per $ GDP) 34% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Value added (per $ GDP) 33% [plot | correlate | graph]
...and  Industry > Total Manufacturing > Total capital expenditures (per $ GDP) 33% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Production workers wages 33% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total capital expenditures 32% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Production workers hours 31% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Primary metal manufacturing 31% [plot | correlate | graph]
...and  Industry > Primary metal manufacturing > Total value of shipments 31% [plot | correlate | graph]
...and  Labor > Primary metal manufacturing > Production workers (average per year) 30% [plot | correlate | graph]
Average: 51%

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 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. Per $ GDP figures expressed per 1,000 $ gross domestic product.

SOURCE: Annual Survey of Manufactures, 2004

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