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US Gross Savings vs US Inflation Rate
US Gross Savings and US Inflation Rate correlate at r = +0.60 over 55 years (1970–2024), p < 0.0001. With the time trend removed, r = +0.35. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = < 0.0001) and the association survives trend removal (detrended r = 0.35). Correlation still isn't causation, but this one isn't an obvious artifact.
- Pearson r
- +0.60
- p-value
- < 0.0001
- Years compared (n)
- 55 (1970–2024)
- 95% confidence interval
- 0.40 to 0.75
- Correlation with the time trend removed
- +0.35
Sources
- US Gross Savings (% of GDP): World Bank. US Gross Savings (World Bank indicator NY.GNS.ICTR.ZS).
- US Inflation Rate (% annual): World Bank. US Inflation Rate (World Bank indicator FP.CPI.TOTL.ZG).
Related pairs
- US Gross Savings vs US College Enrollment (r = -0.80)
- US Nuclear Power Generation vs US Gross Savings (r = -0.75)
- US Median Age vs US Gross Savings (r = -0.73)
- US Inflation Rate vs US Bank Lending Interest Rate (r = +0.73)
- US Gross Savings vs US Life Expectancy (r = -0.72)
- US Gross Savings vs US Urban Population (r = -0.72)
Correlation does not imply causation. How the verdict is worked out.