FACTOID #17: Though Rhode Island is the smallest state in total area, it has the longest official name: The State of Rhode Island and Providence Plantations.
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Strength of correlation (R squared): 0.773 (this correlation is significant)
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the individual establishment from other companies, transferred to it from other establishments of the same company, or withdrawn from inventory during the year.
Represents the total new and used capital expenditures reported by establishments in operation and any known plants under construction.
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