1 FUTURE STESEG WORK - CURRENT AND NEW PROJECTS - FUTURE STESEG WORK - CURRENT AND NEW PROJECTS - SHORT-TERM ECONOMIC STATISTICS EXPERT GROUP (STESEG) 28 – 30 JUNE 2004

2 Will comprise: Continuation / finalisation of existing projects (DW): Index of Services Production Manual (ISP); Data and Metadata Presentation Manual (incorporating work on presentation terminology; presentation of growth rates; presentation of seasonally adjusted data). Maintenance of timeliness framework (review; revision, updating, promotion). Benchmarking? – depending on other priorities New projects (David Brackfield): FUTURE WORK

3 Index of Services Production (ISP) Manual Work will entail preparation of a draft ISP Manual:  Revision of Sections A to C;  Expansion of Section D;  Preparation of Section E (Methodological issues) Task force will continue their work – results sooner than later New members of task force sought to work on specific parts of draft Alternative would be to contribute not necessarily as task force member Main issues:  Appropriate combination of recommendations + current national practice  Therefore need to broaden examples of current national practice – compilation of NA by production method relevant (14 OECD countries) – STESEG role in linkage.  Utilisation of relevant existing work on methodological issues (for Section E)  Terminological issues – definition of turnover?  Reinforce value added to GDP EXISTING PROJECTS

4 Index of Services Production (ISP) Manual - Timeline Sept 2004 – prototype to be presented at Voorburg – incorporating input from STESEG 2004 Feb 2005 – 3 rd meeting of the Task Force – discussion of first draft, especially Sections B, C and D June 2005 – STESEG meeting – review of 2 nd draft – incl. Section E October 2005 – presentation of 3 rd draft to OECD NA meeting and Voorburg Group End 2005 – prepare final version of ISP Manual incl. Section F and Annex Early 2006 obtain approval of OECD Committee on Statistics by written procedure EXISTING PROJECTS

5 Data and Metadata Presentation Manual Manual will be the focus of future work on data presentation and seasonal adjustment:  Changes to papers on terminology, growth rates, SA from STESEG discussions to be made directly into draft Manual;  OECD will review possibility of combining growth rates & SA with principal authors  Revisions to terminology to be undertaken first to ensure consistency Terminology  Initial changes to definitions by mid-July  Will be referred to STESEG members by written procedure at end August Will task force need to formally exist? – or will work be undertaken bilaterally, less formal procedures EXISTING PROJECTS

6 Data and Metadata Presentation Manual - Timeline Sept 2004 – comments from STESEG incorporated into future version Presented to other I/Os at CCSA in early Sept Revised version to be discussed at UNSC in March 2005; STESEG members consulted by written procedure at same time Final version to be approved by OECD Committee on Statistics in June 2005 EXISTING PROJECTS

7 Timeliness Framework Work over next 12 months entails:  Incorporating changes to current version from STESEG discussions  Reviewing any additional papers referred to OECD for possible incorporation  Forwarding request to STESEG members in early 2005 for additional papers  Promoting the framework – individual STESEG members on corporate websites, etc  OECD to formulate strategy for promotion – with Organisation’s corporate tools – website, MEI, Newsletter – requests to other I/Os  Review usage STESEG 2005 (relatively short item)  Discuss usage  Discuss changes to content  Identify interesting paper for possible presentation EXISTING PROJECTS

8 Benchmarking Invite for STESEG to participate in next OECD – Eurostat conference on benchmarking at end 2004 What further role / work for STESEG – depends on other priorities? EXISTING PROJECTS