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Strength of correlation (R squared): 0.910 (this correlation is very strong)
Outliers:
California
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X Axis |
Y Axis |
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| Variable: |
Labor > Total Manufacturing > Number of employees |
Industry > Total Manufacturing > Total capital expenditures |
| Plot Display: |
Linear |
Linear |
| Definition: |
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.
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Represents the total new and used capital expenditures reported by establishments in operation and any known plants under construction.
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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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More correlations » |
More correlations » |