Decision Maker Panel
We launched our Decision Maker Panel in August 2016 to collect information on how business conditions are changing in the face of substantial UK and international economic uncertainty.
The panel was created in partnership with Professor Nicholas Bloom of Stanford University and Professor Paul Mizen of the University of Nottingham. It is made up of senior executives from different industries across the UK.
The survey is being partly funded by the University of Nottingham’s ESRC Impact Accelerator Fund.
Decision Maker Panel project and recruitment teams
We collect data from the panel through a short monthly online survey, and aim to sample around 2,500 companies each month. Each survey will focus on one of three topics:
- Firms’ expectations for the year ahead and any resulting uncertainty about changes in their sales and prices.
- Employment and costs.
- Borrowing and capital expenditure.
All information collected from panel members is held in strictest confidence, and any published results will be aggregated so that individual responses cannot be inferred.
How will the Bank use the data?
The responses to the survey will help our Monetary Policy Committee to assess the prospects for the UK economy and the outlook for business, which will inform the committee’s interest rate decisions and other policymaking.
You can read more about the Decision Maker Panel in the following Quarterly Bulletin article:
Evidence from the Decision Maker Panel - Tracking the views of British businesses
Decision Maker Panel results - December 2017
Agents' summary of business conditions and results from the Decision Maker Panel 2017 Q4
Further information on the Decision Maker Panel
If you would like to know more, please email Philip.Bunn@bankofengland.co.uk or call +44 (0) 203 461 3096.