Analysis

Net Fiscal Balance — Extended Working Projection

Projected net fiscal balance under extended working scenario

projectionUnit: £Source: CCI Projection Engine v1.0

The metrics below move with Net Fiscal Balance — Extended Working Projection across UK places. A positive correlation means the two tend to rise together; a negative one means as this rises, the other tends to fall.

Strongest positive correlatesRise together

#	Metric	Strength	r	n
1	Net Fiscal Balance — Baseline Projectionprojection	very_strong	1.00	514
2	Net Fiscal Balance — High Migration Projectionprojection	very_strong	1.00	514
3	Net Fiscal Balance — Low Fertility Projectionprojection	very_strong	1.00	514
4	Net Fiscal After Interest — Extended Working Projectionprojection	very_strong	0.99	514
5

Strongest negative correlatesMove in opposite directions

#	Metric	Strength	r	n
1	Population Aged 0-15demographic	very_strong	-0.96	514
2	Recorded Violence Against the Personcrime	very_strong	-0.96	473
3	Debt Interest — High Migration Projectionprojection	very_strong	-0.96	514
4	Mid-Year Population Estimate

How to read this

Correlation ≠ causation. A strong correlation does not mean one metric causes the other. Both may be driven by a shared underlying factor, or the link may be coincidental.
r is the Pearson correlation coefficient (−1 to +1); n is the number of places compared. Larger n means a more reliable estimate.
Click any correlate to explore its drivers and walk the network of relationships.

Data: precomputed cross-metric correlations (latest period).

← All metric drivers Correlation matrix →Correlation network →

How to read this

Related