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Labor > Electrical equipment, appliance, & component manufacturing > Production workers hours (vs)
Industry > Electrical equipment, appliance, & component manufacturing > Total cost of materials
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Strength of correlation (R squared): 0.677 (this correlation is potentially significant)
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| Variable: |
Labor > Electrical equipment, appliance, & component manufacturing > Production workers hours |
Industry > Electrical equipment, appliance, & component manufacturing > Total cost of materials |
| Plot Display: |
Linear |
Linear |
| Definition: |
This item covers all hours worked or paid for at the manufacturing plant, including actual overtime hours (not straight-time equivalent hours). It excludes hours paid for vacations, holidays, or sick leave when the employee is not at the establishment.
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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the individual establishment from other companies, transferred to it from other establishments of the same company, or withdrawn from inventory during the year.
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| Source: |
Annual Survey of Manufactures, 2004
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Annual Survey of Manufactures, 2004
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| Correlations: |
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