important gap by developing a new Intuit QuickBooks Small Business Index that focuses on the smallest of small businesses with … at most 9 workers in the US and the UK and at most 19 workers in Canada. The Index aggregates a sample of anonymous … the estimated model and the QBO Payroll sample data to generate a near real-time index of economic activity. We show that …

-homothetic case, these indexes are superior both to Fisher s ideal index and to the consumer surplus approximation. …