… 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.
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.