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 28, 2026 | — | 3.00 | — |
| Aug 27, 2026 | 6.00 | 6.00 | 0.00 |
| Jul 27, 2026 | 7.00 | 2.00 | +5.00 |
| Jun 29, 2026 | 4.00 | 3.00 | +1.00 |
| May 27, 2026 | 4.00 | -2.00 | +6.00 |
| Apr 27, 2026 | 2.00 | -3.00 | +5.00 |
| Mar 27, 2026 | -1.00 | -1.00 | 0.00 |
| Feb 26, 2026 | 3.00 | -2.00 | +5.00 |
| Jan 27, 2026 | -1.00 | -2.00 | +1.00 |
| Dec 29, 2025 | 0.00 | -7.00 | +7.00 |
| Nov 27, 2025 | -6.00 | -3.00 | -3.00 |
| Oct 27, 2025 | -4.00 | 1.00 | -5.00 |
| Sep 29, 2025 | 3.00 | -2.00 | +5.00 |
| Aug 27, 2025 | -1.00 | -4.00 | +3.00 |
| Jul 28, 2025 | -6.00 | -7.00 | +1.00 |
| Jun 27, 2025 | -9.00 | -14.00 | +5.00 |
| May 27, 2025 | -11.00 | -12.00 | +1.00 |
| Apr 28, 2025 | -10.00 | -8.00 | -2.00 |
| Mar 27, 2025 | -5.00 | -7.00 | +2.00 |
| Feb 27, 2025 | -6.00 | -8.00 | +2.00 |
| Jan 27, 2025 | -7.00 | -10.00 | +3.00 |
| Dec 30, 2024 | -9.00 | -9.00 | 0.00 |
| Nov 27, 2024 | -7.00 | -14.00 | +7.00 |
| Oct 28, 2024 | -12.00 | -10.00 | -2.00 |
| Sep 27, 2024 | -12.00 | -12.00 | 0.00 |
| Aug 27, 2024 | -8.00 | -11.00 | +3.00 |
| Jul 29, 2024 | -12.00 | -14.00 | +2.00 |
| Jun 27, 2024 | -15.00 | -14.00 | -1.00 |
| May 27, 2024 | -13.00 | -15.00 | +2.00 |
| Apr 29, 2024 | -17.00 | -12.00 | -5.00 |
| Mar 27, 2024 | -13.00 | -11.00 | -2.00 |
| Feb 27, 2024 | -11.00 | -12.00 | +1.00 |
| Jan 29, 2024 | -13.00 | -20.00 | +7.00 |
| Dec 27, 2023 | -20.00 | — | — |
| Nov 27, 2023 | -21.00 | -19.00 | -2.00 |
| Oct 30, 2023 | -21.00 | -20.00 | -1.00 |
| Sep 27, 2023 | -21.00 | — | — |
| Aug 28, 2023 | -19.00 | — | — |
| Jul 27, 2023 | -20.00 | — | — |
| Jun 27, 2023 | -16.00 | — | — |
| May 29, 2023 | -12.00 | — | — |
| Apr 27, 2023 | -13.00 | — | — |
| Mar 27, 2023 | -12.00 | — | — |
| Feb 27, 2023 | -6.00 | — | — |
| Jan 30, 2023 | -4.00 | — | — |
| Dec 27, 2022 | -8.00 | — | — |
| Nov 28, 2022 | -7.00 | — | — |
| Oct 28, 2022 | -4.30 | — | — |
| Sep 29, 2022 | 0.20 | — | — |
| Aug 30, 2022 | 2.60 | — | — |
| Jul 28, 2022 | 5.80 | — | — |
| Date | First print | Current | Revision |
|---|---|---|---|
| May 27, 2026 | 3 | 4 | +1 ↑ |
| Apr 27, 2026 | 1 | 2 | +1 ↑ |
