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Resolutions Approved by the NSCB in 2011

NSCB to release "sexy", “cool”
and “awesome” statistics
(Posted 25 January 2012)

In accordance with its corporate core value to be ever relevant to its stakeholders, the National Statistical Coordination Board (NSCB) Technical Staff will start disseminating indicators through a new section called "Sexy Statistics" on the NSCB website that will feature exciting and interesting statistics.

Leading Economic Indicator (LEI) expands three quarters in a row
(Posted 18 January 2012)

The composite leading economic indicator (LEI) continued its upward course after it weakened in the second quarter of 2011, indicating a positive outlook for the country’s economy.  For the first quarter of 2012, the LEI posted 0.238   from a revised 0.158 in the fourth quarter of 2011 (Figure 1 and Table 1).  The latest LEI computations show the index in firmer positive territory auguring well for the domestic economy to start off the year of the dragon.

Press Con on National Accounts Slated
on Jan 30
(Posted 17 January 2012)

The National Statistical Coordination Board announces the holding of a Press Conference on the Performance of the Philippine Economy for Fourth Quarter of 2011 and Annual 2011 with NEDA Director General and Socioeconomic Planning Secretary Cayetano W. Paderanga, Jr. as resource person on January 30, 2012 (Monday) at 10:00 a.m. at the NSCB Operations Room, 5th Floor Midland Buendia, Bldg., 403 Sen. Gil Puyat Avenue, Makati City.

NSCB releases revised/rebased
National Accounts Quarterly Series
(Posted 13 January 2012)

The National Statistical Coordination Board (NSCB) announces the release of the revised/rebased (2000 = 100) Quarterly series of the National Accounts of the Philippines (NAP) for 1998 – 2010.  The revision and rebasing of the quarterly NAP was done as part of the project “Improving the Quality and Usefulness of the Philippine System of National Accounts (PSNA)” of the NSCB with funding assistance from the World Bank. The said project aims to update the PSNA to incorporate new developments/new set of international statistical standards and guidelines of the updated 1993/2008 SNA.

Statistically Speaking...
by Dr. Romulo A. Virola

Sendong and Albay
(Posted 09 January 2012)

Statistically Speaking has written about climate change and warned  that the typhoons had been increasing in number, had become stronger and had become deadlier; that they came the strongest in the fourth quarter and the deadliest in November. We have been experiencing typhoons all our lives, but the change in weather patterns has caught us unprepared to deal with the consequences of our wanton degradation and depletion of our environment and natural resources. According to PAGASA, the most recent scientific assessments have confirmed that the warming of the climate system is most likely due to human activities, including the increase in greenhouse gas concentrations.