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Very, very striking, and I expect we’ll eventually figure out a lot more about what drove this variation. Analysis👇 by @ernietedeschi H/T @arpitrage cc: @SHamiltonian @rfriedman305/1250898560826122240Permalink On twitter.com
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If someone wants to play with this, here’s SBA loan approval by state and NAICS (but not both): sba.gov/sites/default/files/2020-04/PPP%20Report%20SBA%204.14.20%20%20-%20%20Read-Only.pdf And here👇 is some relevant payroll/employment data: @lukestein/1250840934150860801On twitter.com
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