1. Crisis
The OECD Perspective

2. Consumer Confidence and the Crisis

3. STES and the Crisis…
International Seminar on Timeliness, Methodology and Comparability of Rapid Estimates of Economic Trends 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.
Not much coordination. Lots of papers but? VoxEU.org – maybe?

4. Possible Crisis Pattern
Globalisation leads to spread to real sector
United States starts contagion
Overextended household sector
Large growth in unregulated banking sector
What statistics are covered by STESEG? Opportunity?

5. 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

6. Where to for STESEG?
Is this an area the STESEG can or wants to become involved in?
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?