Business Cycle Factsheet

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Presentation transcript:

Business Cycle Factsheet Wouter Jonkers Statistics Netherlands November 6th, 2009

Background Monitoring business cycle in general and economic crisis in particular; Main finding: Most important lack not: number of indicators and timeliness; But: “Statistical storytelling”

Purpose business cycle factsheet - To provide an overall picture with coherent sets of monthly statistics More rapidly than the quarterly national accounts.

Components Business Cycle Factsheet

And now on line

General features In statistical system between monthly statistics and national (quarterly) accounts Realtime; “pictures” are never revised Visualizations/interactive: easy to “read” and interpret

Future plans - More radars and coherent indicator sets: labour market tension gauge radars for fixed capital formation and household consumption. More indicators on a monthly basis: Fixed capital formation Stocks of finished products.

Business Cycle Tracer

Business Cycle Dashboard

Business Cycle tracer indicator

Exports Radar