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US Exports vs US Bank Lending Interest Rate
US Exports and US Bank Lending Interest Rate correlate at r = -0.44 over 52 years (1970–2021), p = 0.0010. With the time trend removed, r = +0.27. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = 0.0010) and the association survives trend removal (detrended r = 0.27). Correlation still isn't causation, but this one isn't an obvious artifact.
- Pearson r
- -0.44
- p-value
- 0.0010
- Years compared (n)
- 52 (1970–2021)
- 95% confidence interval
- -0.64 to -0.19
- Correlation with the time trend removed
- +0.27
Sources
- US Exports (% of GDP): World Bank. US Exports (World Bank indicator NE.EXP.GNFS.ZS).
- US Bank Lending Interest Rate (%): World Bank. US Bank Lending Interest Rate (World Bank indicator FR.INR.LEND).
Related pairs
- US Exports vs US Imports (r = +0.90)
- US Exports vs US Life Expectancy (r = +0.89)
- US Exports vs US College Enrollment (r = +0.87)
- US Median Age vs US Exports (r = +0.85)
- US Exports vs US Population (r = +0.85)
- US Air Passengers Carried vs US Exports (r = +0.85)
Correlation does not imply causation. How the verdict is worked out.