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 29, 2026 | — | 103.00 | — |
| Aug 28, 2026 | 107.40 | 105.50 | +1.90 |
| Jul 30, 2026 | 106.30 | 103.00 | +3.30 |
| Jun 26, 2026 | 104.10 | 103.60 | +0.50 |
| May 28, 2026 | 103.60 | 102.00 | +1.60 |
| Apr 29, 2026 | 103.50 | 101.00 | +2.50 |
| Mar 25, 2026 | 102.20 | 102.00 | +0.20 |
| Feb 26, 2026 | 104.70 | 105.00 | -0.30 |
| Jan 29, 2026 | 106.40 | 107.00 | -0.60 |
| Dec 19, 2025 | 107.40 | 106.00 | +1.40 |
| Nov 27, 2025 | 105.80 | 104.00 | +1.80 |
| Oct 30, 2025 | 104.30 | 99.00 | +5.30 |
| Sep 24, 2025 | 100.00 | 99.10 | +0.90 |
| Aug 28, 2025 | 99.80 | 96.00 | +3.80 |
| Jul 30, 2025 | 97.00 | 95.10 | +1.90 |
| Jun 26, 2025 | 94.80 | 98.00 | -3.20 |
| May 27, 2025 | 98.90 | 97.80 | +1.10 |
| Apr 29, 2025 | 99.90 | 97.00 | +2.90 |
| Mar 26, 2025 | 99.10 | 101.00 | -1.90 |
| Feb 27, 2025 | 101.60 | 100.50 | +1.10 |
| Jan 30, 2025 | 101.10 | 100.00 | +1.10 |
| Dec 20, 2024 | 100.60 | 98.50 | +2.10 |
| Nov 28, 2024 | 98.30 | 93.00 | +5.30 |
| Oct 30, 2024 | 93.60 | 94.90 | -1.30 |
| Sep 26, 2024 | 94.90 | 100.10 | -5.20 |
| Aug 29, 2024 | 94.70 | 95.50 | -0.80 |
| Jul 30, 2024 | 95.40 | 98.00 | -2.60 |
| Jun 27, 2024 | 97.30 | 98.00 | -0.70 |
| May 30, 2024 | 94.60 | 97.00 | -2.40 |
| Apr 25, 2024 | 96.30 | 95.10 | +1.20 |
| Mar 26, 2024 | 94.40 | 92.00 | +2.40 |
| Feb 28, 2024 | 92.00 | 92.40 | -0.40 |
| Jan 30, 2024 | 91.70 | 87.00 | +4.70 |
| Dec 21, 2023 | 86.60 | 88.50 | -1.90 |
| Nov 29, 2023 | 85.20 | 86.00 | -0.80 |
| Oct 26, 2023 | 85.90 | 87.50 | -1.60 |
| Sep 27, 2023 | 86.80 | — | — |
| Aug 30, 2023 | 87.70 | — | — |
| Jul 27, 2023 | 90.50 | — | — |
| Jun 29, 2023 | 91.80 | — | — |
| May 30, 2023 | 90.60 | — | — |
| Apr 27, 2023 | 89.30 | — | — |
| Mar 29, 2023 | 91.70 | — | — |
| Feb 24, 2023 | 88.90 | — | — |
| Jan 26, 2023 | 86.30 | — | — |
| Dec 21, 2022 | 87.60 | — | — |
| Nov 29, 2022 | 86.10 | — | — |
| Oct 27, 2022 | 89.00 | — | — |
| Sep 28, 2022 | 96.40 | — | — |
| Aug 30, 2022 | 102.40 | — | — |
| Jul 28, 2022 | 108.00 | — | — |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jun 26, 2026 | 103.6 | 104.1 | +0.50 ↑ |
| May 28, 2026 | 103.3 | 103.6 | +0.30 ↑ |
| Apr 29, 2026 | 103.3 | 103.5 | +0.20 ↑ |
| Mar 25, 2026 | 102.3 | 102.2 | -0.10 ↓ |
