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US Air Passengers Carried vs US Bank Lending Interest Rate
US Air Passengers Carried and US Bank Lending Interest Rate correlate at r = -0.57 over 52 years (1970–2021), p < 0.0001. With the time trend removed, r = +0.09. 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 0.09 once the trend is removed.
- Pearson r
- -0.57
- p-value
- < 0.0001
- Years compared (n)
- 52 (1970–2021)
- 95% confidence interval
- -0.73 to -0.35
- Correlation with the time trend removed
- +0.09
Sources
- US Air Passengers Carried (passengers): Our World in Data. US Air Passengers Carried (Our World in Data: Air transport, passengers carried).
- US Bank Lending Interest Rate (%): World Bank. US Bank Lending Interest Rate (World Bank indicator FR.INR.LEND).
Related pairs
- US Air Passengers Carried vs US Life Expectancy (r = +0.94)
- US Air Passengers Carried vs US Median Age (r = +0.94)
- US Air Passengers Carried vs US Population (r = +0.94)
- US Air Passengers Carried vs US Urban Population (r = +0.92)
- US Air Passengers Carried vs US Rural Population (r = -0.92)
- Atmospheric CO₂ (Mauna Loa) vs US Air Passengers Carried (r = +0.91)
Correlation does not imply causation. How the verdict is worked out.