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US Energy Use per Capita vs US Bank Lending Interest Rate
US Energy Use per Capita and US Bank Lending Interest Rate correlate at r = +0.37 over 57 years (1965–2021), p = 0.0041. With the time trend removed, r = +0.32. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = 0.0041) and the association survives trend removal (detrended r = 0.32). Correlation still isn't causation, but this one isn't an obvious artifact.
- Pearson r
- +0.37
- p-value
- 0.0041
- Years compared (n)
- 57 (1965–2021)
- 95% confidence interval
- 0.13 to 0.58
- Correlation with the time trend removed
- +0.32
Sources
- US Energy Use per Capita (kWh): Our World in Data. US Energy Use per Capita (Our World in Data: Total energy supply).
- US Bank Lending Interest Rate (%): World Bank. US Bank Lending Interest Rate (World Bank indicator FR.INR.LEND).
Related pairs
- US Energy Use per Capita vs US Health Expenditure (r = -0.94)
- US CO₂ Emissions per Capita vs US Energy Use per Capita (r = +0.93)
- US Energy Use per Capita vs US CO₂ Emissions per Capita (r = +0.90)
- US Alcohol Consumption vs US Energy Use per Capita (r = -0.88)
- US Energy Use per Capita vs US Forest Area (r = -0.88)
- US Adult Obesity vs US Bank Lending Interest Rate (r = -0.85)
Correlation does not imply causation. How the verdict is worked out.