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Industry > Miscellaneous manufacturing > Production workers wages (vs) Economy > GSP > Nominal GSP > Fabricated metal product manufacturing

VIEW DATA:   Comparison scatterplot  
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    Flags   Circles (same size)   Circles (by population)   Circles (by GDP)   Circles (by land area)  
918 million
Economy > GSP > Nominal GSP > Fabricated metal product manufacturing
3 million
3.1 million Industry > Miscellaneous manufacturing > Production workers wages ($) 678.37 million

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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): 0.705 (this correlation is significant)
Outliers: California

X Axis Y Axis
Variable: Industry > Miscellaneous manufacturing > Production workers wages Economy > GSP > Nominal GSP > Fabricated metal product manufacturing
Plot Display: Linear Logarithmic (base 10)
Definition: 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. Fabricated metal product manufacturing, 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.
Source: Annual Survey of Manufactures, 2004 U.S. Department of Commerce, Bureau of Economic Analysis, Regional Economic Analysis Division. Data for 2003.
Correlations:
      More correlations »     More correlations »
 

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