Business Confidence is an economic indicator based on surveys of business leaders regarding their outlook on the economy and their own company's performance. It covers critical aspects such as production levels, new orders, and employment intentions for the coming months. High business confidence is a leading indicator, as it often precedes increased capital expenditure and hiring, signaling future economic expansion.
The indicator is typically based on a diffusion index derived from surveys where respondents rate the relative level of business conditions. A reading above a certain threshold (like 50 or 0) indicates optimism, while a reading below indicates pessimism.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 27, 2026 | 6.10 | -0.20 | +6.30 |
| Jul 30, 2026 | -0.10 | -2.20 | +2.10 |
| Jun 30, 2026 | -2.90 | -1.10 | -1.80 |
| May 28, 2026 | -1.90 | 0.70 | -2.60 |
| Apr 30, 2026 | -2.30 | -1.00 | -1.30 |
| Mar 26, 2026 | 0.90 | -1.00 | +1.90 |
| Feb 25, 2026 | -1.50 | 0.90 | -2.40 |
| Jan 28, 2026 | -0.70 | -2.00 | +1.30 |
| Dec 30, 2025 | -4.30 | 4.00 | -8.30 |
| Nov 26, 2025 | 4.90 | 8.00 | -3.10 |
| Oct 29, 2025 | 9.00 | 4.90 | +4.10 |
| Sep 24, 2025 | 5.30 | 5.00 | +0.30 |
| Aug 27, 2025 | 6.70 | 0.00 | +6.70 |
| Jul 30, 2025 | 1.50 | 6.00 | -4.50 |
| Jun 25, 2025 | 6.10 | 1.00 | +5.10 |
| May 28, 2025 | -0.30 | 1.30 | -1.60 |
| Apr 30, 2025 | 2.10 | -0.50 | +2.60 |
| Mar 26, 2025 | 0.20 | 1.30 | -1.10 |
| Feb 26, 2025 | 2.00 | -1.20 | +3.20 |
| Jan 28, 2025 | -0.20 | -2.50 | +2.30 |
| Dec 23, 2024 | -2.80 | -0.70 | -2.10 |
| Nov 25, 2024 | -0.40 | 1.00 | -1.40 |
| Oct 28, 2024 | 1.30 | -0.80 | +2.10 |
| Sep 26, 2024 | -1.40 | -0.50 | -0.90 |
| Aug 29, 2024 | -1.20 | -1.80 | +0.60 |
| Jul 25, 2024 | -3.10 | 1.70 | -4.80 |
| Jul 1, 2024 | -5.40 | -3.00 | -2.40 |
| May 24, 2024 | -3.40 | -3.10 | -0.30 |
| Apr 25, 2024 | -2.60 | -1.00 | -1.60 |
| Mar 25, 2024 | -0.30 | 1.20 | -1.50 |
| Feb 26, 2024 | 0.20 | -3.50 | +3.70 |
| Jan 24, 2024 | -4.30 | -5.20 | +0.90 |
| Dec 22, 2023 | -7.10 | -2.10 | -5.00 |
| Nov 23, 2023 | -3.70 | 0.30 | -4.00 |
| Oct 26, 2023 | 0.80 | 3.00 | -2.20 |
| Sep 26, 2023 | 3.70 | — | — |
| Aug 29, 2023 | -0.20 | — | — |
| Jul 25, 2023 | -2.20 | — | — |
| Jun 30, 2023 | -4.20 | — | — |
| May 25, 2023 | -5.90 | — | — |
| Apr 25, 2023 | 3.50 | — | — |
| Mar 24, 2023 | 4.20 | — | — |
| Feb 24, 2023 | 3.60 | — | — |
| Jan 25, 2023 | -1.20 | — | — |
| Dec 23, 2022 | 0.10 | — | — |
| Nov 23, 2022 | -0.40 | — | — |
| Oct 26, 2022 | 7.00 | — | — |
| Sep 21, 2022 | 7.10 | — | — |
| Aug 24, 2022 | 9.70 | — | — |
| Jul 22, 2022 | 11.50 | — | — |
