1. Task Force on Seasonal Adjustment of Quarterly National Accounts Item 3.1 Recommendations 2002: Implementation and items for review in Henning Ahnert Luxembourg, 15 February 2007

2. History 2 January 2002: CMFB approves report of first Task Force
June 2002: CMFB approves implementation plan
June 2003, 2004 and 2006: 3 Progress Reports
November 2006 (EFC/ Ecofin Report): Full implementation requested by 2007; update recommendations to fit with methodological changes to National Accounts

3. Implementation overview3
Implementation overview
Coverage of adjusted data improved (see CMFB June 2006)
13 countries now perform working-day adjustment
Regression approach and other recommendations largely respected
New EU Member States have joined CMFB process
BUT: Gaps in s.a. and w.d.a data remain, not all recommendations accepted by all countries

4. Recommendations 2002 review4
Recommendations 2002 review
General Recommendations: six ( c + d affected ?)
Trading-day and other pre-adjustment: nine ( h + i affected ?)
Seasonal Adjustment: six ( c + d affected ?)
Transmission + dissemination: six ( a, b, d + f affected?)

5. Task Force discussion The Task Force is invited to5
Task Force discussion
The Task Force is invited to
comment and agree on selection of recommendations for review
comment on progress