Dataset Details
Decision Maker Panel - Business Insights and Conditions Survey matched data - UK
Published by Office for National Statistics
Description
The Decision Maker Panel is a monthly online survey of business run by the Bank of England. It focusses on businesses’ expectations, uncertainty and topical policy issues. The survey receives around 2500 responses a month. Only firms with over 10 employees are included in the DMP sample frame. he Business Insights and Conditions Survey (BICS) collects information on the impact of challenges facing the economy and other events on approx. BICS is a voluntary fortnightly survey, where each wave of data covers a period of two weeks capturing business’ views on impact on turnover, workforce prices, trade and business resilience. Around 10,000 firms respond to each wave. BICS includes business of all sizes. The DMP and BICS surveys are both timely high frequency business surveys. They both cover similar topics, asking about business conditions and the impact of economic events such as the UK’s decision to leave the EU and the Covid-19 pandemic. But the precise questions tend not to be exactly the same. The DMP survey tends to ask more quantitative questions, but is a relatively short survey. The BICS questionnaire is longer and typically asks questions in a qualitative way. The matched dataset will allow users to combine information from both surveys to help better understand the conditions facing businesses and how they make decisions. The questions for both surveys can change from wave to wave, so comparison and routing of the questions needs to be monitored closely.
Topics
Dataset Information
Resource Type:
dataset
Geographic Coverage:
GB
Temporal Coverage:
2016/..
Publisher
Office for National Statistics
Data Catalogs
ADR UK