What Can We Learn from Business Expectations Data?


What Can We Learn from Business Expectations Data?

Friday 16 November 2018, 13:00 — 16:45

ESCoE, National Institute of Economic and Social Research, 2 Dean Trench Street, London, SW1P 3HE

UK businesses are facing elevated levels of uncertainty associated with the UK’s exit from the EU, exacerbated by rising global trade tensions and geopolitical risks. This ESCoE workshop covered work on the measurement of uncertainty and eliciting business-level expectations from large-scale surveys in the US and UK. The causes and effects of changes in expectations and uncertainty at the business-level and the implications for the aggregate economy were discussed.

Paul Mizen and Tatsuro Senga gave presentations on ‘The Decision Maker Panel’ and ‘Brexit, Business Activities and Uncertainty: Japanese Perspectives’.