The OECD Perspective
Consumer Confidence and the Crisis
2nd oil Gulf ERM Emerging Dot 11 2008
crisis war crisis markets Com Sep financial
crisis crash 01 crisis
Consumer confidence in the OECD Area has shown continuous improvement since February
2009 which was a record low since the series began in 1978. Confidence levels remain
historically low however.
STES and the Crisis…
International Seminar on Timeliness, Methodology and
Comparability of Rapid Estimates of Economic Trends. 27-29
May, Ottawa, Canada.
Inter-Agency Group on Economic and Financial Statistics.
IMF-Financial Stability Board Users Conference, Washington,
July 8-9. Session 1 – Financial crisis and data gaps.
ISI IPM90 – The role of official statistics in meeting global
challenges. Durban, South Africa (16-22 August).
Conference of European Statisticians 2010 Plenary Session.
The impact of the global crises on statistical systems. Seminar
and Session organisers: IMF, OECD, Netherlands. Proposed
papers: Bulgaria, France, Netherlands, New Zealand, WTO.
Possible Crisis Pattern
What statistics are covered by STESEG? Opportunity?
OECD Horizontal Group
Financial, Economic and Social
Mid-February – brainstorming meeting with all OECD
Directorates (organised by Statistics Directorate)
Proposals for future work
March 2009; two internal workshops organised –
social statistics, and trade/globalisation
Focus on highlighting the available data and using
visualisation tools e.g. business clock
Horizontal group established
Where to for STESEG?
Is this an area the STESEG can or wants to become
If the answer to this question is ‘Yes’, then:
– Methodological e.g. seasonal adjustment etc?
– Data; for example producing a publication that shows all the
STES data that was/is available?
– International coordination?
– New statistics e.g. house prices?