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US Inflation Rate vs US Mobile Subscriptions

US Inflation Rate and US Mobile Subscriptions correlate at r = -0.40 over 50 years (1960–2024), p = 0.0038. With the time trend removed, r = -0.06. Holds up after detrending.

Verdict: Holds up after detrending. Statistically significant (p = 0.0038) and the association survives trend removal (detrended r = -0.06). Correlation still isn't causation, but this one isn't an obvious artifact.

Pearson r
-0.40
p-value
0.0038
Years compared (n)
50 (1960–2024)
95% confidence interval
-0.61 to -0.14
Correlation with the time trend removed
-0.06

Sources

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