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): 0.984 (this correlation is very strong)
Outliers:
California
| |
X Axis |
Y Axis |
![]() |
| Variable: |
Economy > GSP > Compensation of Employees > State and local |
Economy > Gross State Product > Current Dollars |
| Plot Display: |
Linear |
Linear |
| Definition: |
State and local, 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.
|
Gross State Product in US dollars, current prices. GDP figures for the US Territories of Guam , American Samoa and Northern Mariana Islands are based on Purchasing Power Parity from 2000. US Virgin Islands GDP figure is from 2002. Puerto Rico's GDP is a 2005 estimate and also based on Purchasing Power Parity. |
| Source: |
U.S. Department of Commerce, Bureau of Economic Analysis, Regional Economic Analysis Division. Data for 2003.
|
US Census Bureau, 2004. |
| Correlations: |
| |
| |
More correlations » |
More correlations » |
Feeds |
Contact