Short-term business statistics (STS) are
economic statistics
Economic statistics is a topic in applied statistics and applied economics that concerns the collection, processing, compilation, dissemination, and analysis of economic data. It is closely related to business statistics and econometrics. It i ...
published by
Eurostat, the statistical office of the
European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body ...
. They cover all
member states of the European Union and - in some areas - also third countries, and provide aggregated results for the euro area and the EU.
Short-term business statistics provide information on the economic development of four major domains: industry, construction, retail trade, and other services. These domains are defined in relation to a classification of economic activities, the NACE Rev.2 (
, second revision).
For the four domains the following variables are reported (most on a monthly, some on a quarterly basis):
* Industry: Production, turnover (domestic and non-domestic), number of persons employed, hours worked, gross wages and salaries, output prices (domestic and non-domestic), import prices.
* Construction: Production (total, of buildings and of civil engineering), number of persons employed, hours worked, gross wages and salaries, construction costs (material costs, wage costs), construction permits.
* Retail trade and repair: Turnover, retail trade volume, number of persons employed, hours worked, gross wages and salaries.
* Other services: Turnover, output prices (service producer prices), number of persons employed, hours worked, gross wages and salaries.
The legal authority for the European short-term business statistics is Regulation EC No 1165/98, as amended by Regulation EC No 1158/2005, and further implementing and amending regulations.
References
External links
Eurostat - Short-term business statisticsEurostat - Statistics Explained: all articles on short-term business statistics
{{DEFAULTSORT:Short-Term Business Statistics
European Commission
Economic data
Economy of the European Union
Year of establishment missing