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The Agents’ company visit scores

Author

Listed:
  • Relleen, Jon

    (Bank of England)

  • Copple, David

    (Bank of England)

  • Corder, Matthew

    (Bank of England)

  • Fawcett, Nicholas

    (Bank of England)

Abstract

The Bank’s Agents collect economic intelligence from the business community around the United Kingdom, enriching the range of information available to the Monetary Policy Committee (MPC). The intelligence is largely qualitative, but Agents also make quantitative judgements in the form of scores. The Bank has published Agents’ macroeconomic scores each month since 2006. In addition, since 2007, Agents have assigned ‘company visit scores’ based on information gathered from their confidential meetings with individual UK firms. This internal data set covers a broad cross-section of UK companies and has become helpful to the MPC when considering business conditions and particularly for considering differences across companies. The scores have been used recently to try to understand better trends both in productivity and in the level of spare capacity within firms, on which there is a paucity of alternative data sources.

Suggested Citation

  • Relleen, Jon & Copple, David & Corder, Matthew & Fawcett, Nicholas, 2013. "The Agents’ company visit scores," Bank of England Quarterly Bulletin, Bank of England, vol. 53(1), pages 59-67.
    • Handle: RePEc:boe:qbullt:0098
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    File URL: https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2013/the-agents-company-visit-scores.pdf?la=en&hash=3C6D589CDE1219AEC0E04F48167C8C6B36306AED
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    References listed on IDEAS

    as
    1. Belsham, Thomas & Caunt, Simon & Duff, Iain, 2012. "Agents’ Special Surveys since the start of the financial crisis," Bank of England Quarterly Bulletin, Bank of England, vol. 52(1), pages 31-38.
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    Cited by:

    1. England, David & Hebden, Andrew & Henderson, Tom & Pattie, Tom, 2015. "The Agencies and 'One Bank'," Bank of England Quarterly Bulletin, Bank of England, vol. 55(1), pages 47-55.
    2. Barnett, Alina & Batten, Sandra & Chiu, Adrian & Franklin, Jeremy & Sebastia-Barriel, Maria, 2014. "The UK productivity puzzle," Bank of England Quarterly Bulletin, Bank of England, vol. 54(2), pages 114-128.

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    1. England, David & Hebden, Andrew & Henderson, Tom & Pattie, Tom, 2015. "The Agencies and 'One Bank'," Bank of England Quarterly Bulletin, Bank of England, vol. 55(1), pages 47-55.

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