Logistics Indicator
Project period: ongoing
Research Areas:
Tasks
The Logistics Indicator has been produced by the ifo Institute on behalf of the Bundesvereinigung Logistik (BVL international) since July 2017 within the context of the Institute's economic surveys. The indicator aims to offer a timely insight into developments in the logistics industry. Monthly responses from over 4000 companies participating in the survey are used to answer questions about the current situation and expectations for the months ahead. In addition to logistics service providers, users of logistics services are surveyed and summarised in the overall aggregate of the logistics industry.
Methodology
The Logistics Indicator is based on the monthly ifo business survey for the period from 2005 onwards. It draws on over 4,000 survey responses from logistics service providers (60% freight transport (excluding air freight); 40% warehousing and support activities for transportation) or industrial companies (66%) and trade companies (wholesale: 17%; retail: 17%) as users of logistics services. The composite indicator is computed in equal shares by the providers and the users of logistics services. All questions are designed to induce respondents to express seasonally adjusted assessments of the current situation. A standard method for seasonal adjustment (X13-ARIMA-SEATS) is additionally applied to all numbers and indicator values reported in this document in order to filter out the remaining seasonal pattern.
Data and other Sources
ifo Business Surveys
Results
The results are published on BVL's website.
Publication
Brandt, Przemyslaw, Christian Grotemeier and Klaus Wohlrabe, "BVL-Logistikindikator – Hintergründe, Entwicklungen und Ergebnisse", ifo Schnelldienst 70 (20), 2017, 36–42 | PDF Download