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StateMaster - Correlations > Economy > GSP > Compensation of Employees > Insurance carriers and related activities
 

Correlations > Economy Statistics > GSP > Compensation of Employees > Insurance carriers and related activities


Showing latest available data.

Correlations between Economy > GSP > Compensation of Employees > Insurance carriers and related activities ...

Variable Strength
...and  Economy > GSP > Nominal GSP > Insurance carriers and related activities 97% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Insurance carriers and related activities 97% [plot | correlate | graph]
...and  Military > Cost of Nuclear Weapons 93% [plot | correlate | graph]
...and  Military > Cost of the Military 93% [plot | correlate | graph]
...and  Military > Iraq War Costs 92% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Hospitals and nursing and residential care facilities 91% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Hospitals and nursing and residential care facilities 91% [plot | correlate | graph]
...and  Health > Total Dentists 91% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Hospitals and nursing and residential care facilities 91% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Local Revenue- Subtotal 91% [plot | correlate | graph]
...and  Health > Total Nonfederal Physicians 90% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Instruct. Expend.- Subtotal 90% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Social assistance 90% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Total Revenue from All Sources 90% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Current Expenditures 90% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Social assistance 89% [plot | correlate | graph]
...and  Economy > Personal income 89% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Social assistance 89% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Total Expenditures for Education 89% [plot | correlate | graph]
...and  Economy > Total tax burden 89% [plot | correlate | graph]
...and  Health > Total Personal Health Spending, FY2000 89% [plot | correlate | graph]
...and  Economy > Gross State Product > Current Dollars 89% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Real estate 89% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Real estate 89% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Ambulatory health care services 89% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Ambulatory health care services 89% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Wholesale trade 88% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Other professional, scientific and technical services 88% [plot | correlate | graph]
...and  Health > Number of Nursing Home Residents 88% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > State and local 88% [plot | correlate | graph]
...and  Health > Total Registered Nurses 88% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Real estate 88% [plot | correlate | graph]
...and  Health > Total Health Care Employment 87% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Wholesale trade 87% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Wholesale trade 87% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Ambulatory health care services 87% [plot | correlate | graph]
...and  Industry > Industrial firms > Total number of establishments 87% [plot | correlate | graph]
...and  Education > Elementary & Secondary Finance > Support Services Expenditure- Subtotal 87% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Other professional, scientific and technical services 87% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Other professional, scientific and technical services 87% [plot | correlate | graph]
...and  Education > Public Libraries > ALA-MLS Librarians(FTE) 86% [plot | correlate | graph]
...and  Industry > Industrial firms > Total number of employees 86% [plot | correlate | graph]
...and  Education > Postsecondary > Degrees Awarded > Doctors 86% [plot | correlate | graph]
...and  Economy > GSP > Compensation of Employees > Ambulatory health care services 86% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Wholesale trade 86% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > State and local 86% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > State and local 86% [plot | correlate | graph]
...and  Economy > GSP > Nominal GSP > Other services, except government 85% [plot | correlate | graph]
...and  Economy > GSP > Real GSP > Other services, except government 85% [plot | correlate | graph]
...and  Economy > GSP > Gross Operating Surplus > Other services, except government 85% [plot | correlate | graph]
Average: 89%

About Correlations:

A correlation is a statistical measure of similarity between at least two given sets of data. StateMaster's correlations compare two variables from our database and reveal statistical relationships between them. The percentages you see represent the strength (or likelihood) that a change in the topic variable is matched by a change in the listed variables below it. But remember: These correlations do not imply causation, that is, one does not necessarily cause the other. Also, not all variables contain all states, rather subsets of states matched together.

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NOTES:

  • Outliers have been removed only where they are outside 3 standard deviations of the mean.
  • Only variable pairs where at least 15 states match for each have been considered.
  • Strength is given by the correlation coefficient (R squared). It is the fraction of variation in Y that can be attributed to the variation in X. 100% signifies a perfect fit (R squared of 1). The top 50 such stats are displayed



DEFINITION: Insurance carriers and related activities, Compensation of Employees (current dollars) Compensation of Employees is a statisical term which refers to the total gross (pre-tax) wages paid by employers to employeesfor work done in an accounting period, such as a quarter or a year. It represents roughly the total labor cost to an employer.

SOURCE: U.S. Department of Commerce, Bureau of Economic Analysis, Regional Economic Analysis Division. Data for 2003. via StateMaster

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