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US Electricity Generation vs US Bank Lending Interest Rate
US Electricity Generation and US Bank Lending Interest Rate correlate at r = -0.69 over 37 years (1985–2021), p < 0.0001. With the time trend removed, r = +0.15. Likely spurious (shared time trend).
Verdict: Likely spurious (shared time trend). Both series mostly just trend over time. After removing that trend the correlation collapses to 0.15 — the relationship is probably coincidental, not causal.
- Pearson r
- -0.69
- p-value
- < 0.0001
- Years compared (n)
- 37 (1985–2021)
- 95% confidence interval
- -0.83 to -0.48
- Correlation with the time trend removed
- +0.15
Sources
- US Electricity Generation (TWh): Our World in Data. US Electricity Generation (Our World in Data: Total electricity).
- US Bank Lending Interest Rate (%): World Bank. US Bank Lending Interest Rate (World Bank indicator FR.INR.LEND).
Related pairs
- US Electricity Generation vs US Infant Mortality (r = -0.97)
- US Electricity Generation vs US Median Age (r = +0.95)
- US Electricity Generation vs US Rural Population (r = -0.95)
- US Electricity Generation vs US Urban Population (r = +0.95)
- US Electricity Generation vs US Internet Usage (r = +0.95)
- US Electricity Generation vs US Internet Users (r = +0.95)
Correlation does not imply causation. How the verdict is worked out.