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US Alcohol Consumption vs US Gross Savings

US Alcohol Consumption and US Gross Savings correlate at r = -0.02 over 21 years (2000–2020), p = 0.915. With the time trend removed, r = -0.27. Not statistically significant.

Verdict: Not statistically significant. With n = 21, this correlation isn't statistically significant (p = 0.915). It could easily be chance.

Pearson r
-0.02
p-value
0.915
Years compared (n)
21 (2000–2020)
95% confidence interval
-0.45 to 0.41
Correlation with the time trend removed
-0.27

Sources

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