Index of weekly economic activity

The index of weekly economic activity (WEA) provides immediate information about the growth of the Swiss economy. It does not replace the GDP calculations, but it shows a high correlation with the growth of real GDP in Switzerland and supplements the existing data. The calculation covers the period from 2005 and is based on daily and weekly indicators.

wwa_en

Reading example

  • The WEA index for week 45 from 2 to 8 November stood at -1.78. 
  • The average WEA index for the third quarter was -2.54, which implies growth in real, seasonally, calendar and sport event adjusted GDP of 6.9%.
     

Notes

  • The WEA index is an experimental statistic, is constantly checked and can be amended if necessary.
  • The WEA index is neither a weekly GDP figure nor a forecast of GDP by SECO or by the Federal Government’s Expert Group on Economic Forecasts.
  • The WEA index may be revised retrospectively if the indicators it consists of are revised.

 

Last modification 23.11.2020

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Contact

State Secretariat for Economic Affairs SECO

Economic Policy Directorate
Short Term Economic Analyses

Ronald Indergand
Holzikofenweg 36
CH-3003 Bern

E-Mail

 

Print contact

https://www.seco.admin.ch/content/seco/en/home/wirtschaftslage---wirtschaftspolitik/Wirtschaftslage/indikatoren/wwa.html