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Correlation
of values
+16%
In sync
of periods
—
History
monthsmonths · through 2026-04
238
These move together
Their swing sizes only faintly line up (~3% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
Advanced
Statistics
In sync(i)
N/A
Headline metric
Movement correlation(i)
+16%
Based on values
95% CI
+3% → +28%
Pipeline
Pipeline Summary
238 paired data points survived the monthly window.
Raw input
3,112
318
Normalized
3,112
318
Prepared
716
318
Aligned
238
238
Invalid removed
Likely range of correlation
R²(i)
3%
Variance explained
Significance
p < 0.05
Statistical confidence
Data points(i)
238
Usable
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: 0 to 0 months.
Selected shift
No shift
Correlation at this shift
+16%
No shift — both series at their actual dates.
238 overlapping points at this shift
Baseline
+16%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+16%
A non-zero peak suggests one series lines up better when shifted against the other.
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
558
A: 478 / B: 80
Series A
Continued Jobless Claims
CCSA
FRED · 3,112 raw → 716 prepared
Series B
Gross Domestic Product: Implicit Price Deflator
GDPDEF
FRED · 318 raw → 318 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
18
Estimated crossover points between normalized spreads.
Slope
0.0000
Linear regression slope.
Intercept
59.2397
Linear regression intercept.
Saved 4 months ago · ID: fred-ccsa_fred-gdpdef_monthly_5y