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Strength of correlation (R squared): 0.646 (this correlation is potentially significant)
Outliers:
Louisiana
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X Axis |
Y Axis |
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| Variable: |
Industry > Petroleum & coal products manufacturing > Total capital expenditures (per $ GDP) |
Economy > GSP > Nominal GSP > Support activities for mining (per $ GDP) |
| Plot Display: |
Logarithmic (base 10) |
Logarithmic (base 10) |
| Definition: |
Represents the total new and used capital expenditures reported by establishments in operation and any known plants under construction.
Per $ GDP figures expressed per 10,000 $ gross domestic product. |
Support activities for mining, 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.
Per $ GDP figures expressed per 100,000 $ gross domestic product. |
| Source: |
Annual Survey of Manufactures, 2004
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U.S. Department of Commerce, Bureau of Economic Analysis, Regional Economic Analysis Division. Data for 2003.
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| Correlations: |
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