Move your mouse over the circles to view country names, and then click to view their profiles.
Note: It will take several minutes to draw this plot the first time you view it. After that
all plots should appear much more quickly.
Strength of correlation (R squared): 0.764 (this correlation is significant)
Outliers:
Michigan
| |
X Axis |
Y Axis |
![]() |
| Variable: |
Economy > GSP > Compensation of Employees > Motor vehicle, body, trailer, and parts manufacturing |
Economy > GSP > Nominal GSP > Motor vehicle, body, trailer, and parts manufacturing (per capita) |
| Plot Display: |
Logarithmic (base 10) |
Logarithmic (base 10) |
| Definition: |
Motor vehicle, body, trailer, and parts manufacturing, Compensation of Employees (current dollars) Compensation of Employees is a statisical term which refers to the total gross (pre-tax) wages paid by employers to employeesfor work done in an accounting period, such as a quarter or a year. It represents roughly the total labor cost to an employer.
|
Motor vehicle, body, trailer, and parts manufacturing, Nominal GSP (current dollars) GSP, or Gross State Product is the value of all the goods and services produced in a state. Specific industries measured will give the value of all goods and services in that industry. The Nominal Gross State Product measures the value of all the goods and services produced expressed in current prices. On the other hand, Real Gross State Product measures the value of all the goods and services produced expressed in the prices of some base year.
Per capita figures expressed per 1 population. |
| Source: |
U.S. Department of Commerce, Bureau of Economic Analysis, Regional Economic Analysis Division. Data for 2003.
|
U.S. Department of Commerce, Bureau of Economic Analysis, Regional Economic Analysis Division. Data for 2003.
|
| Correlations: |
| |
| |
More correlations » |
More correlations » |
Feeds |
Contact