CorrelateAI › Pairs
US Alcohol Consumption vs US Bank Lending Interest Rate
US Alcohol Consumption and US Bank Lending Interest Rate correlate at r = -0.45 over 21 years (2000–2020), p = 0.043. With the time trend removed, r = +0.19. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = 0.043) and the association survives trend removal (detrended r = 0.19). Correlation still isn't causation, but this one isn't an obvious artifact.
- Pearson r
- -0.45
- p-value
- 0.043
- Years compared (n)
- 21 (2000–2020)
- 95% confidence interval
- -0.74 to -0.02
- Correlation with the time trend removed
- +0.19
Sources
- US Alcohol Consumption (litres/person): Our World in Data. US Alcohol Consumption (Our World in Data: Alcohol consumption).
- US Bank Lending Interest Rate (%): World Bank. US Bank Lending Interest Rate (World Bank indicator FR.INR.LEND).
Related pairs
- US Alcohol Consumption vs US Median Age (r = +0.94)
- US Alcohol Consumption vs US Marriage Rate (r = -0.94)
- US Alcohol Consumption vs US Health Expenditure (r = +0.93)
- US Alcohol Consumption vs US GDP per Capita (r = +0.93)
- US Alcohol Consumption vs US GDP (current US$) (r = +0.92)
- Atmospheric CO₂ (Mauna Loa) vs US Alcohol Consumption (r = +0.92)
Correlation does not imply causation. How the verdict is worked out.