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 2, 2026 | — | -1.10 | — |
| Jul 29, 2026 | -1.20 | -1.90 | +0.70 |
| Jul 1, 2026 | -2.10 | 0.20 | -2.30 |
| Jun 3, 2026 | -1.00 | -3.00 | +2.00 |
| Apr 29, 2026 | -3.20 | -1.10 | -2.10 |
| Apr 1, 2026 | -0.90 | 0.50 | -1.40 |
| Mar 4, 2026 | 0.40 | 0.70 | -0.30 |
| Feb 11, 2026 | 0.70 | -0.10 | +0.80 |
| Dec 26, 2025 | -0.30 | -2.00 | +1.70 |
| Dec 3, 2025 | -1.80 | -1.40 | -0.40 |
| Oct 29, 2025 | -1.10 | -2.00 | +0.90 |
| Oct 1, 2025 | -1.60 | -2.00 | +0.40 |
| Aug 27, 2025 | -0.40 | -0.40 | 0.00 |
| Jul 30, 2025 | 0.00 | 0.10 | -0.10 |
| Jul 2, 2025 | 0.50 | -0.30 | +0.80 |
| Jun 4, 2025 | 0.10 | 2.00 | -1.90 |
| Apr 30, 2025 | 1.90 | 2.20 | -0.30 |
| Apr 2, 2025 | 2.80 | 6.00 | -3.20 |
| Mar 5, 2025 | 3.30 | 4.50 | -1.20 |
| Feb 5, 2025 | 4.20 | 6.80 | -2.60 |
| Dec 28, 2024 | 6.90 | 7.20 | -0.30 |
| Nov 27, 2024 | 7.00 | 7.70 | -0.70 |
| Oct 30, 2024 | 7.00 | 6.50 | +0.50 |
| Oct 2, 2024 | 6.80 | 7.10 | -0.30 |
| Aug 28, 2024 | 7.10 | 6.80 | +0.30 |
| Jul 31, 2024 | 7.10 | 7.00 | +0.10 |
| Jul 3, 2024 | 7.30 | 6.30 | +1.00 |
| Jun 5, 2024 | 6.70 | 7.00 | -0.30 |
| May 3, 2024 | 6.80 | 6.20 | +0.60 |
| Apr 3, 2024 | 6.00 | 5.60 | +0.40 |
| Feb 28, 2024 | 5.70 | 5.90 | -0.20 |
| Feb 7, 2024 | 5.80 | 4.80 | +1.00 |
| Dec 27, 2023 | 5.10 | 6.30 | -1.20 |
| Nov 29, 2023 | 6.60 | 4.50 | +2.10 |
| Nov 1, 2023 | 4.60 | 4.60 | 0.00 |
| Sep 27, 2023 | 4.40 | 3.50 | +0.90 |
| Aug 30, 2023 | 4.50 | 3.90 | +0.60 |
| Aug 2, 2023 | 4.90 | 4.20 | +0.70 |
| Jun 28, 2023 | 4.50 | 3.50 | +1.00 |
| May 31, 2023 | 3.90 | 3.50 | +0.40 |
| May 3, 2023 | 3.40 | 3.50 | -0.10 |
| Mar 29, 2023 | 3.30 | -2.50 | +5.80 |
| Mar 1, 2023 | 3.30 | 2.10 | +1.20 |
| Feb 8, 2023 | 2.70 | -4.10 | +6.80 |
| Dec 29, 2022 | -4.00 | -3.80 | -0.20 |
| Nov 30, 2022 | -3.70 | -2.20 | -1.50 |
| Nov 2, 2022 | -3.00 | -1.50 | -1.50 |
| Sep 28, 2022 | -1.70 | -2.50 | +0.80 |
| Aug 31, 2022 | -2.00 | -3.00 | +1.00 |
| Jul 27, 2022 | -2.70 | -3.00 | +0.30 |
| Jun 29, 2022 | -3.00 | -3.00 | 0.00 |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jul 1, 2026 | -2.10 | -2.10 | 0 ↓ |
