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Industry > Machinery manufacturing > Total cost of materials (vs) Labor > Machinery manufacturing > Production workers (average per year)

VIEW DATA:   Comparison scatterplot  
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    Flags   Circles (same size)   Circles (by population)   Circles (by GDP)   Circles (by land area)  
52,647
Labor > Machinery manufacturing > Production workers (average per year)
642
2.88 million Industry > Machinery manufacturing > Total cost of materials ($) 12.78 billion

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): 0.840 (this correlation is strong)

X Axis Y Axis
Variable: Industry > Machinery manufacturing > Total cost of materials Labor > Machinery manufacturing > Production workers (average per year)
Plot Display: Linear Linear
Definition: This term refers to direct charges actually paid or payable for items consumed or put into production during the year, including freight charges and other direct charges incurred by the establishment in acquiring these materials. It includes the cost of materials or fuel consumed, whether purchased by the individual establishment from other companies, transferred to it from other establishments of the same company, or withdrawn from inventory during the year. This item includes all full-time and part-time employees on the payrolls of operating manufacturing establishments during any part of the pay period that included the 12th of the months specified on the report form. Included are employees on paid sick leave, paid holidays, and paid vacations; not included are proprietors and partners of unincorporated businesses.
Source: Annual Survey of Manufactures, 2004 Annual Survey of Manufactures, 2004
Correlations:
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