The impact of Covid-19 on Businesses’ Expectations: Evidence from the Decision Maker Panel
21 Pages Posted: 19 Oct 2021
Date Written: September 25, 2020
Abstract
The prospects for the economy depend crucially on the spending decisions that households and businesses make. Those decisions may depend, not just on their views on the most likely future outcome, but also on the degree of uncertainty around their expectations. Measuring and understanding those expectations is therefore very important for economic policymakers. This article uses data from the Decision Maker Panel (DMP) Survey to show how the spread of Covid-19 and the measures to contain it have affected the expectations of businesses.
Suggested Citation: Suggested Citation
Bloom, Nicholas and Bunn, Philip and Mizen, Paul and Smietanka, Pawel and Thwaites, Gregory, The impact of Covid-19 on Businesses’ Expectations: Evidence from the Decision Maker Panel (September 25, 2020). Bank of England Quarterly Bulletin 2020 Q3, Available at SSRN: https://ssrn.com/abstract=3945566
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