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 23, 2026 | — | 92.00 | — |
| Aug 21, 2026 | 97.90 | 98.00 | -0.10 |
| Jul 22, 2026 | 99.20 | 90.10 | +9.10 |
| Jun 23, 2026 | 90.80 | 91.00 | -0.20 |
| May 22, 2026 | 93.50 | 99.50 | -6.00 |
| Apr 22, 2026 | 100.70 | 92.00 | +8.70 |
| Mar 20, 2026 | 94.00 | 94.00 | 0.00 |
| Feb 20, 2026 | 92.50 | 89.00 | +3.50 |
| Jan 23, 2026 | 93.10 | 89.50 | +3.60 |
| Dec 22, 2025 | 90.10 | 92.00 | -1.90 |
| Nov 21, 2025 | 89.00 | 92.50 | -3.50 |
| Oct 24, 2025 | 92.30 | 91.50 | +0.80 |
| Sep 24, 2025 | 92.00 | 100.00 | -8.00 |
| Aug 22, 2025 | 99.90 | 99.10 | +0.80 |
| Jul 25, 2025 | 98.90 | 98.90 | 0.00 |
| Jun 23, 2025 | 98.40 | 94.00 | +4.40 |
| May 21, 2025 | 96.30 | 102.00 | -5.70 |
| Apr 24, 2025 | 103.60 | 106.50 | -2.90 |
| Mar 24, 2025 | 107.20 | 108.00 | -0.80 |
| Feb 21, 2025 | 107.30 | 105.10 | +2.20 |
| Jan 24, 2025 | 105.30 | 1.00 | +104.30 |
| Dec 20, 2024 | 3.00 | 1.00 | +2.00 |
| Nov 22, 2024 | 2.00 | 1.00 | +1.00 |
| Oct 24, 2024 | 2.00 | 3.00 | -1.00 |
| Sep 23, 2024 | 3.00 | -2.00 | +5.00 |
| Aug 29, 2024 | -1.00 | 1.00 | -2.00 |
| May 24, 2024 | 2.00 | -4.00 | +6.00 |
| Apr 23, 2024 | -4.00 | -3.00 | -1.00 |
| Mar 21, 2024 | -4.00 | -6.00 | +2.00 |
| Feb 22, 2024 | -7.00 | -6.00 | -1.00 |
| Jan 24, 2024 | -5.00 | -10.00 | +5.00 |
| Dec 21, 2023 | -9.00 | -10.00 | +1.00 |
| Nov 23, 2023 | -16.00 | -8.00 | -8.00 |
| Oct 24, 2023 | -6.00 | -14.00 | +8.00 |
| Sep 22, 2023 | -12.00 | — | — |
| Aug 24, 2023 | -7.00 | — | — |
| Jul 21, 2023 | -4.00 | — | — |
| Jun 23, 2023 | -5.00 | — | — |
| May 23, 2023 | -6.00 | — | — |
| Apr 21, 2023 | -14.00 | — | — |
| Mar 24, 2023 | -14.00 | — | — |
| Feb 21, 2023 | -15.00 | — | — |
| Jan 24, 2023 | -16.00 | — | — |
| Jan 5, 2023 | -17.00 | — | — |
| Nov 29, 2022 | -14.00 | — | — |
| Oct 28, 2022 | -16.00 | — | — |
| Sep 29, 2022 | -9.00 | — | — |
| Aug 30, 2022 | -1.00 | — | — |
| Jul 28, 2022 | -9.00 | — | — |
| Jun 29, 2022 | -10.00 | — | — |
| May 30, 2022 | -3.00 | — | — |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jun 23, 2026 | 90.8 | 90.8 | 0 ↓ |
