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 |
|---|---|---|---|
| Sep 24, 2026 | — | 100.20 | — |
| Aug 24, 2026 | 100.20 | 100.40 | -0.20 |
| Jul 24, 2026 | 100.20 | 100.00 | +0.20 |
| Jun 24, 2026 | 99.80 | 98.00 | +1.80 |
| May 25, 2026 | 99.00 | 99.00 | 0.00 |
| Apr 24, 2026 | 100.40 | 99.00 | +1.40 |
| Mar 24, 2026 | 100.40 | 90.00 | +10.40 |
| Feb 24, 2026 | 99.80 | 99.00 | +0.80 |
| Jan 23, 2026 | 98.60 | 99.00 | -0.40 |
| Dec 23, 2025 | 98.00 | 100.10 | -2.10 |
| Nov 24, 2025 | 99.90 | 103.80 | -3.90 |
| Oct 24, 2025 | 103.40 | 101.70 | +1.70 |
| Sep 24, 2025 | 101.60 | 101.70 | -0.10 |
| Aug 25, 2025 | 101.50 | 99.00 | +2.50 |
| Jul 24, 2025 | 98.80 | 99.50 | -0.70 |
| Jun 24, 2025 | 100.00 | 103.00 | -3.00 |
| May 26, 2025 | 101.00 | 97.20 | +3.80 |
| Apr 24, 2025 | 96.50 | 96.40 | +0.10 |
| Mar 21, 2025 | 99.60 | 97.20 | +2.40 |
| Feb 21, 2025 | 98.00 | 96.80 | +1.20 |
| Jan 24, 2025 | 97.50 | 96.50 | +1.00 |
| Dec 23, 2024 | 96.90 | 98.00 | -1.10 |
| Nov 25, 2024 | 97.30 | 95.80 | +1.50 |
| Oct 24, 2024 | 96.00 | 97.00 | -1.00 |
| Sep 24, 2024 | 96.80 | 92.80 | +4.00 |
| Aug 26, 2024 | 93.00 | 95.00 | -2.00 |
| Jul 24, 2024 | 94.50 | 96.10 | -1.60 |
| Jun 24, 2024 | 97.40 | 95.80 | +1.60 |
| May 24, 2024 | 95.40 | 97.10 | -1.70 |
| Apr 24, 2024 | 95.60 | 95.00 | +0.60 |
| Mar 25, 2024 | 93.00 | 99.00 | -6.00 |
| Feb 23, 2024 | 89.90 | 92.50 | -2.60 |
| Jan 24, 2024 | 92.70 | 96.20 | -3.50 |
| Dec 27, 2023 | 95.20 | — | — |
| Nov 24, 2023 | 93.50 | 93.20 | +0.30 |
| Oct 24, 2023 | 92.80 | 89.00 | +3.80 |
| Sep 25, 2023 | 89.40 | — | — |
| Aug 24, 2023 | 93.90 | — | — |
| Jul 24, 2023 | 91.10 | — | — |
| Jun 26, 2023 | 91.00 | — | — |
| May 24, 2023 | 95.20 | — | — |
| Apr 24, 2023 | 98.00 | — | — |
| Mar 24, 2023 | 95.20 | — | — |
| Feb 24, 2023 | 92.50 | — | — |
| Jan 24, 2023 | 93.80 | — | — |
| Dec 27, 2022 | 92.50 | — | — |
| Nov 24, 2022 | 93.00 | — | — |
| Oct 24, 2022 | 93.40 | — | — |
| Sep 26, 2022 | 93.60 | — | — |
| Aug 24, 2022 | 97.60 | — | — |
| Jul 25, 2022 | 100.20 | — | — |
| Date | First print | Current | Revision |
|---|---|---|---|
| Mar 24, 2026 | 110.4 | 100.4 | -10 ↓ |
