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US Air Passengers Carried vs US Inflation Rate

US Air Passengers Carried and US Inflation Rate correlate at r = -0.57 over 54 years (1970–2023), p < 0.0001. With the time trend removed, r = -0.11. Interpret with caution.

Verdict: Interpret with caution. Much of the apparent link is driven by a shared time trend: r falls from -0.57 to -0.11 once the trend is removed.

Pearson r
-0.57
p-value
< 0.0001
Years compared (n)
54 (1970–2023)
95% confidence interval
-0.73 to -0.35
Correlation with the time trend removed
-0.11

Sources

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Correlation does not imply causation. How the verdict is worked out.