Nowcasting

Weekly economic activity (recommended research)

Title: Weekly economic activity: Measurement and informational content Authors: Philipp Wegmüller, Christian Glocker & Valentino Guggia Journal: Volume 39, Issue 1, January–March 2023, Pages 228-243 Abstract: “We construct a composite index to measure the real activity of the Swiss economy on a weekly frequency. The index is based on a novel high-frequency data set capturing economic activity across distinct dimensions over a long time horizon. We propose a six- step procedure for extracting precise business cycle signals from the raw data.