Industrial Confidence is a sentiment-based indicator that reflects the level of optimism among manufacturing executives regarding their business environment. It covers aspects such as current order books, inventory levels, and production expectations for the coming months. As a leading indicator, it often precedes changes in actual industrial production and overall GDP growth. High confidence levels usually correlate with increased capital expenditure and hiring within the industrial sector.
The index is derived from qualitative surveys where managers rate their outlook as positive, neutral, or negative. The final score is typically a net balance of these responses, seasonally adjusted.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Jul 22, 2026 | 2.60 | -1.00 | +3.60 |
| Apr 23, 2026 | 1.40 | -2.00 | +3.40 |
| Jan 15, 2026 | 2.60 | 1.00 | +1.60 |
| Oct 16, 2025 | -0.30 | 1.00 | -1.30 |
| Jul 24, 2025 | 0.90 | 6.00 | -5.10 |
| Apr 23, 2025 | 4.00 | 1.00 | +3.00 |
| Jan 16, 2025 | 5.50 | — | — |
| Oct 17, 2024 | 1.50 | 1.00 | +0.50 |
| Jul 25, 2024 | 3.90 | -1.00 | +4.90 |
| Jan 18, 2024 | -4.90 | 1.00 | -5.90 |
| Oct 19, 2023 | -2.20 | -7.00 | +4.80 |
| Jul 25, 2023 | -5.30 | -3.00 | -2.30 |
| Apr 20, 2023 | -0.40 | — | — |
| Jan 19, 2023 | -3.90 | — | — |
| Oct 20, 2022 | -4.40 | — | — |
| Jul 21, 2022 | 3.20 | — | — |
| Apr 21, 2022 | 8.80 | — | — |
| Jan 20, 2022 | 8.60 | — | — |
| Oct 22, 2021 | 8.80 | — | — |
| Date | First print | Current | Revision |
|---|---|---|---|
| Apr 23, 2026 | 1.20 | 1.40 | +0.20 ↑ |
