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Using internet search data as economic indicators

Bank of England quarterly bulletinPublished 1 January 2011
Nick McLaren, Rachana Shanbhogue
Citations126

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.

Keywords

Social Sciences