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Strength of correlation (R squared): 0.879 (this correlation is strong)
Outliers:
California
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X Axis |
Y Axis |
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| Variable: |
Economy > GSP > Nominal GSP > Broadcasting and telecommunications |
Economy > Gross State Product > Current Dollars |
| Plot Display: |
Logarithmic (base 10) |
Linear |
| Definition: |
Broadcasting and telecommunications, 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.
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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.
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US Census Bureau, 2004. |
| Correlations: |
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