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US Gross Savings vs US Mobile Subscriptions

US Gross Savings and US Mobile Subscriptions correlate at r = -0.59 over 48 years (1970–2024), p < 0.0001. With the time trend removed, r = +0.06. Interpret with caution.

Verdict: Interpret with caution. Much of the apparent link is driven by a shared time trend: r falls from -0.59 to 0.06 once the trend is removed.

Pearson r
-0.59
p-value
< 0.0001
Years compared (n)
48 (1970–2024)
95% confidence interval
-0.75 to -0.36
Correlation with the time trend removed
+0.06

Sources

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