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Strength of correlation (R squared): 0.660 (this correlation is potentially significant)
Outliers:
Montana
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X Axis |
Y Axis |
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| Variable: |
Energy > Renewable Hydroelectric Production (per $ GDP) |
Industry > Leather & allied product manufacturing > Value added (per $ GDP) |
| Plot Display: |
Logarithmic (base 10) |
Linear |
| Definition: |
Renewable Hydroelectric Production (BBtu). These numbers indicate the levels of renewable hydroelectric production. They do not include electricity produced through pumped storage, whereby energy is used to pump water up during off-peak hours of consumption and then is released during high-peak hours. Numbers are in billions of British Thermal Units.
Per $ GDP figures expressed per 1 billion $ gross domestic product. |
This measure of manufacturing activity is derived by subtracting the cost of materials, supplies, containers, fuel, purchased electricity, and contract work from the value of shipments (products manufactured plus receipts for services rendered). The result of this calculation is adjusted by the addition of value added by merchandising operations (i.e., the difference between the sales value and the cost of merchandise sold without further manufacture, processing, or assembly) plus the net change in finished goods and work-in-process between the beginning- and end-of-year inventories.
Per $ GDP figures expressed per 100,000 $ gross domestic product. |
| Source: |
National Priorities Project Database, 2001
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Annual Survey of Manufactures, 2004
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| Correlations: |
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