Are you tracking trends for long enough?
Covid changed everything. Except when it didn’t.
F’rinstance, weekly new business applications in the US are now up 40% vs pre-pandemic. And that number doesn’t look like it’s going back down.
Meanwhile, personal consumption spending plummeted, but bounced back almost perfectly to the long-term trend line.
Do short-term disruptions matter too? Obvi. Lots of short-term disruptions tanked (or ballooned) lots of companies.
But if you’re in the business of trends, or long-term planning, be sure to have long-term data.
Especially before you start saying, “nothing will every be the same!”