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 30, 2026 | — | 87.00 | — |
| Aug 28, 2026 | 89.90 | 90.00 | -0.10 |
| Jul 31, 2026 | 89.60 | 88.90 | +0.70 |
| Jun 26, 2026 | 88.60 | 88.40 | +0.20 |
| May 28, 2026 | 87.90 | 87.50 | +0.40 |
| Apr 29, 2026 | 87.90 | 88.00 | -0.10 |
| Mar 26, 2026 | 88.70 | 86.00 | +2.70 |
| Feb 26, 2026 | 88.50 | 89.50 | -1.00 |
| Jan 28, 2026 | 89.20 | 89.00 | +0.20 |
| Dec 19, 2025 | 88.40 | 89.30 | -0.90 |
| Nov 27, 2025 | 89.60 | 88.50 | +1.10 |
| Oct 28, 2025 | 88.30 | 87.50 | +0.80 |
| Sep 26, 2025 | 87.30 | 87.50 | -0.20 |
| Aug 28, 2025 | 87.40 | 87.20 | +0.20 |
| Jul 25, 2025 | 87.80 | 87.70 | +0.10 |
| Jun 27, 2025 | 87.30 | 87.00 | +0.30 |
| May 29, 2025 | 86.50 | 86.20 | +0.30 |
| Apr 29, 2025 | 85.70 | 85.40 | +0.30 |
| Mar 28, 2025 | 86.00 | 87.50 | -1.50 |
| Feb 27, 2025 | 87.00 | 87.00 | 0.00 |
| Jan 29, 2025 | 86.80 | 85.50 | +1.30 |
| Dec 20, 2024 | 85.80 | 86.00 | -0.20 |
| Nov 28, 2024 | 86.50 | 85.00 | +1.50 |
| Oct 25, 2024 | 85.80 | 87.00 | -1.20 |
| Sep 26, 2024 | 86.70 | 87.10 | -0.40 |
| Aug 30, 2024 | 87.10 | 87.50 | -0.40 |
| Jul 26, 2024 | 87.60 | 87.00 | +0.60 |
| Jun 27, 2024 | 86.80 | 88.70 | -1.90 |
| May 29, 2024 | 88.40 | 88.10 | +0.30 |
| Apr 24, 2024 | 87.60 | 89.50 | -1.90 |
| Mar 28, 2024 | 88.60 | 87.60 | +1.00 |
| Feb 28, 2024 | 87.30 | 88.70 | -1.40 |
| Feb 6, 2024 | 88.30 | 95.00 | -6.70 |
| Dec 22, 2023 | 95.40 | 96.00 | -0.60 |
| Nov 29, 2023 | 96.60 | 96.00 | +0.60 |
| Oct 27, 2023 | 96.00 | 96.00 | 0.00 |
| Sep 28, 2023 | 96.40 | 97.80 | -1.40 |
| Aug 30, 2023 | 97.80 | 98.00 | -0.20 |
| Jul 27, 2023 | 99.30 | 99.80 | -0.50 |
| Jun 27, 2023 | 100.30 | 101.00 | -0.70 |
| May 26, 2023 | 101.40 | 102.50 | -1.10 |
| Apr 27, 2023 | 103.00 | 104.00 | -1.00 |
| Mar 28, 2023 | 104.20 | 102.50 | +1.70 |
| Feb 27, 2023 | 102.80 | 104.10 | -1.30 |
| Jan 26, 2023 | 102.70 | 101.80 | +0.90 |
| Dec 23, 2022 | 101.40 | 102.70 | -1.30 |
| Nov 25, 2022 | 102.50 | 99.60 | +2.90 |
| Oct 27, 2022 | 100.40 | 100.00 | +0.40 |
| Sep 28, 2022 | 101.30 | 102.10 | -0.80 |
| Aug 26, 2022 | 104.30 | 104.40 | -0.10 |
| Jul 27, 2022 | 106.70 | 108.00 | -1.30 |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jul 31, 2026 | 89.6 | 89.6 | 0 ↓ |
| Jun 26, 2026 | 88.4 | 88.6 | +0.20 ↑ |
| Mar 26, 2026 | 88.8 | 88.7 | -0.10 ↓ |
