Toll Index January 2013

The Toll Index just published by the IDSC of IZA is back in the green. Its components grew on the average by 19.9% month-on-month and by 6% year-on-year. While working days explain most of the gains month-on-month (January 2013 has 22 working days while December 2012 had 18) the year-on-year gains should all be business cycle related indicating that as far as transportation activity goes this is a better January than the one in 2012 (January 2012 also had 22 working days).