Australia Business Confidence

Business Confidence in Australia decreased to 4 in March of 2014 from 7 in February of 2014. Business Confidence in Australia is reported by the National Australia Bank. Business Confidence in Australia averaged 5.82 from 1997 until 2014, reaching an all time high of 21.10 in May of 2002 and a record low of -31.60 in January of 2009. The NAB monthly survey of business confidence is based on a telephone survey of around 350 small, medium and large size Australian companies. The Survey measures the expectations of business conditions for the upcoming month and is a simple average of trading, profitability and employment indices, reported by respondents for their company. The indices are calculated by taking the difference between the percentage of respondents nominating good or very good, or a rise and those nominating poor or very poor, or a fall. This page provides - Australia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
4.00 7.00 21.10 -31.60 4.94 | 2014/04 1997 - 2014 Monthly

TO

Australia Business Confidence
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-28 12:30 AM Australia
NAB Business Confidence
Dec 2013 6 6.0 (R) 5.09
2014-02-11 12:30 AM Australia
NAB Business Confidence
Jan 2014 8 6 3.5
2014-03-11 12:30 AM Australia
NAB Business Confidence
Feb 2014 7 9 (R) 4.15
2014-04-08 02:30 AM Australia
NAB Business Confidence
Mar 2014 4 7 10.89
2014-05-12 02:30 AM Australia
NAB Business Confidence
Apr 2014 4 4.94
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Business Last Previous Highest Lowest Forecast Unit
Bankruptcies 739.00 2014-02-28 511.00 1123.00 217.00 807.06 2014-03-31 Companies [+]
Capacity Utilization 80.24 2014-03-15 80.54 84.70 78.20 80.52 2014-04-30 Percent [+]
Car Registrations 92168.00 2014-03-15 92459.00 98241.00 48098.00 93130.37 2014-04-30 Cars [+]
Changes in Inventories -461.00 2013-11-15 -1173.00 3571.00 -2345.00 -895.82 2014-03-31 AUD Million [+]
Corporate Profits 68215.00 2013-11-15 67071.00 70518.00 12032.00 AUD Million [+]
Industrial Production 2.77 2013-12-31 2.11 13.24 -8.00 1.80 2014-03-31 Percent [+]
Manufacturing PMI 47.89 2014-03-15 48.63 62.13 30.86 47.13 2014-04-30 [+]
Manufacturing Production -1.91 2013-08-15 0.21 8.60 -11.79 -0.88 2013-12-31 Percent [+]
New Orders 26.00 2014-02-15 13.00 47.00 -37.00 29.30 2014-06-30 [+]
Services PMI 48.90 2014-03-31 55.20 55.20 39.00 50.12 2014-04-30 Index Points [+]
Business Confidence 4.00 2014-03-31 7.00 21.10 -31.60 4.94 2014-04-30 [+]
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Business Confidence | Notes
The Business Confidence Index is an indicator designed to measure the degree of optimism on the state of the economy that business owners are expressing through their activities of investing and spending. Decreasing business confidence often implies slowing economic growth because business owners are likely to decrease their investment. The idea is that the more confident business owners and managers feel about the economy, their companies, their jobs and incomes, the more likely they are to make investments and purchases.


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