Using Internet Search Data as Economic Indicators

7 Pages Posted: 17 Jun 2011

Date Written: June 13, 2011

Abstract

Data on the volume of online searches can be used as indicators of economic activity. This article examines the use of these data for labour and housing markets in the United Kingdom. These data provide some additional information relative to existing surveys. And with further development, internet search data could become an important tool for economic analysis.

Suggested Citation

McLaren, Nick and Shanbhogue, Rachana, Using Internet Search Data as Economic Indicators (June 13, 2011). Bank of England Quarterly Bulletin No. 2011 Q2, Available at SSRN: https://ssrn.com/abstract=1865276 or http://dx.doi.org/10.2139/ssrn.1865276

Nick McLaren (Contact Author)

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom

Rachana Shanbhogue

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom

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