How do you feel about this claim now? I haven’t noticed a whole lot of innovation coming from all these small businesses, and a lot of them seem like they were likely just vehicles for the extraordinary extent of fraud as the results from all the investigations & analyses come in.
… so it’s presumably also not just the result of pandemic giveaway fraud, unless that fraud is ongoing.
Presumably the thing to check here would be TFP, but Fred’s US TFP series currently only goes to end of 2019, so apparently we’re still waiting on that one? Either that or I’m looking at the wrong series.
How do you feel about this claim now? I haven’t noticed a whole lot of innovation coming from all these small businesses, and a lot of them seem like they were likely just vehicles for the extraordinary extent of fraud as the results from all the investigations & analyses come in.
Well, it wasn’t just a temporary bump:
… so it’s presumably also not just the result of pandemic giveaway fraud, unless that fraud is ongoing.
Presumably the thing to check here would be TFP, but Fred’s US TFP series currently only goes to end of 2019, so apparently we’re still waiting on that one? Either that or I’m looking at the wrong series.