Toll Index November 2024 – hovering around the mean

The Toll Index was first proposed in IZA DP5522 which was published in the Journal of Forecasting. It has been widely covered in national and international media (selection):


Focus Magazin,
Tim Harford – The undercover economist,
Financial Times,
MoneyWeek,
WirtschaftsWoche,
CNN International,
DRS3 Swiss public radio,
Deutsche Welle.

The Toll index was redefined in 2024 to account for various toll-related policy changes like including lighter trucks in the system or adding roads to the toll road network.

Citation: “Nowcasting business cycles using toll data.” Journal of Forecasting 32:4 (2013): 299–306(with K. F. Zimmermann).