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Strength of correlation (R squared): 0.859 (this correlation is strong)
Outliers:
Texas
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X Axis |
Y Axis |
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| Variable: |
Economy > GSP > Gross Operating Surplus > Nonmetallic mineral product manufacturing |
Industry > Nonmetallic mineral product manufacturing > Annual payroll |
| Plot Display: |
Logarithmic (base 10) |
Linear |
| Definition: |
Nonmetallic mineral product manufacturing, Gross Operating Surplus (current dollars)
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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.
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| Source: |
U.S. Department of Commerce, Bureau of Economic Analysis, Regional Economic Analysis Division. Data for 2003.
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Annual Survey of Manufactures, 2004
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| Correlations: |
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