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Date

Attendees



Agenda

1) Use Case reminder

2) Where we are on our road map. 

3) Open Action Items

4) JIRA Issues Review - https://jira.edmcouncil.org/projects/IND/issues/IND-17?filter=allopenissues

5) Todays content discussion.

SMIF OWL-UML

SKOS

RDF/S

6) For next week.

Proceedings:

Primary topics today included a bit more review of the use case, and discussion around how to model weightings.  The consensus was that the weighting applies to a constituent of a basket, and is a positive number, but we did not want to constrain it further.  Dan has examples where it might not be a straight percentage, and market cap would also fall into that category.  We raised IND-81 as the basis for adding weighting to the concept of a basket constituent.  We also discussed the need to relate a basket to the overall universe that it selects from - see IND-82.

Links to use cases on the BLS site for the various indicators and related programs:

Per Dan:

Productivity might be something we look at, because it is complex. There is the need to look at establishments in a partitive way, such as by dividing into inputs, labor, materials, outputs. There is also a reliance on the ways a number is calculated.


The latest BLS model can be found here:  FIBO 06.vsdx

Decisions:

Action items

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