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US Gross Savings vs US Health Expenditure

US Gross Savings and US Health Expenditure correlate at r = -0.21 over 24 years (2000–2023), p = 0.331. With the time trend removed, r = -0.52. Not statistically significant.

Verdict: Not statistically significant. With n = 24, this correlation isn't statistically significant (p = 0.331). It could easily be chance.

Pearson r
-0.21
p-value
0.331
Years compared (n)
24 (2000–2023)
95% confidence interval
-0.56 to 0.21
Correlation with the time trend removed
-0.52

Sources

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