Australia Business Confidence  1997-2017 | Data | Chart | Calendar

The NAB Business confidence index in Australia decreased to 7 in February 2017 from 10 in the previous month. The survey's measure of business conditions dropped 7 points to 9 and the index of sales declined sharply by 10 points to 13. Also, the measure of employment fell 2 points to 5 and that of profits went down 2 points to 11. By sector, activity remained above average except for retail. "A drop in activity indicators had been anticipated for the February Survey, meaning these results do not fundamentally change NAB's outlook for the economy. Indeed, business conditions are still at quite lofty levels, consistent with our expectation for the economy to enjoy solid rates of growth in the near-term," NAB chief economist Alan Oster said. Business Confidence in Australia averaged 5.75 from 1997 until 2017, reaching an all time high of 20 in April of 2002 and a record low of -30 in October of 2008.

Australia Business Confidence
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-31 12:30 AM Dec 6 6 4.90
2017-02-14 12:30 AM Jan 10 6 7
2017-03-14 12:30 AM Feb 7 10 8.75
2017-04-12 01:30 AM Mar 7 7.42
2017-05-02 01:30 AM Apr 7.36
2017-06-14 01:30 AM May 6.91




Australia Business Last Previous Highest Lowest Unit
Business Confidence 7.00 10.00 20.00 -30.00 [+]
Manufacturing PMI 59.30 51.20 62.13 30.86 [+]
Services PMI 49.00 54.50 57.70 39.00 Index Points [+]
Industrial Production -0.20 1.70 12.40 -7.80 percent [+]
Industrial Production Mom -0.50 -1.30 5.10 -7.00 percent [+]
Manufacturing Production -0.20 2.00 12.10 -8.10 percent [+]
Capacity Utilization 81.39 81.50 84.67 78.24 percent [+]
New Orders 42.00 32.00 47.00 -37.00 [+]
Changes in Inventories 552.00 1228.00 4095.00 -3996.00 AUD Million [+]
Bankruptcies 396.00 504.00 1123.00 217.00 Companies [+]
Corporate Profits 77773.00 64765.00 77773.00 12032.00 AUD Million [+]
Total Vehicle Sales 94786.00 97442.00 100010.00 48099.00 [+]
Car Production 15808.00 6139.00 39306.00 6139.00 Units [+]
Car Registrations 13549.45 13297.26 13549.45 3990.94 Thousand [+]
Leading Economic Index -0.10 0.00 0.54 -1.07 percent [+]
Small Business Sentiment 1.56 1.90 18.71 -21.10 [+]
Steel Production 392.46 436.66 819.00 238.00 Thousand Tonnes [+]
Private Investment -2.10 -3.30 15.60 -7.80 percent [+]
Mining Production 3.60 9.40 25.40 -16.80 percent [+]
Competitiveness Index 5.19 5.15 5.20 5.08 Points [+]
Competitiveness Rank 22.00 21.00 22.00 15.00 [+]
Business Inventories 0.30 0.90 2.80 -2.80 percent [+]
Corruption Index 79.00 79.00 88.60 79.00 Points [+]
Corruption Rank 13.00 13.00 13.00 7.00 [+]
Ease of Doing Business 15.00 13.00 15.00 9.00 [+]



Australia Business Confidence Notes

The NAB monthly survey of business confidence is based on a telephone survey of around 600 small, medium and large size non-agricultural 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. Australia Business Confidence - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
7.00 10.00 20.00 -30.00 1997 - 2017 Monthly
SA



Last
Albania -0.10 Dec/16
Angola -32.00 Sep/16
Armenia 51.00 Jun/16
Australia 7.00 Feb/17
Austria 1.10 Feb/17
Bangladesh 9.96 Dec/14
Belgium -1.60 Mar/17
Brazil 54.00 Mar/17
Bulgaria 25.50 Feb/17
Canada 55.00 Feb/17
Cape Verde 4.00 Dec/16
Chile 45.98 Feb/17
China 51.60 Feb/17
Colombia -0.10 Feb/17
Croatia 6.00 Feb/17
Cyprus 113.30 Feb/17
Czech Republic 94.10 Mar/17
Denmark -2.00 Feb/17
Ecuador 1177.50 Jan/17
Estonia 106.50 Feb/17
Euro Area 0.82 Feb/17
European Union 108.90 Feb/17
Finland 1.50 Feb/17
France 104.00 Mar/17
Georgia 17.50 Mar/17
Germany 111.00 Feb/17
Greece 92.90 Feb/17
Hong Kong -1.00 Mar/17
Hungary 4.50 Feb/17
India 57.20 Jun/16
Indonesia 106.70 Dec/16
Ireland 16.00 Dec/16
Israel 21.30 Feb/17
Italy 106.30 Feb/17
Japan 10.00 Dec/16
Kazakhstan 2.00 Dec/16
Latvia 0.30 Feb/17
Lithuania -2.90 Feb/17
Luxembourg 108.50 Feb/17
Macedonia 25.30 Feb/17
Malaysia 81.20 Dec/16
Maldives 49.00 Dec/16
Malta 115.30 Feb/17
Mauritius 97.50 Dec/16
Mexico 43.24 Feb/17
Mozambique 92.60 Jan/17
Netherlands 7.00 Feb/17
New Caledonia 88.60 Dec/16
New Zealand 16.60 Feb/17
Nigeria -29.00 Dec/16
Norway 0.00 Dec/16
Peru 57.00 Jan/17
Philippines 39.40 Mar/17
Poland 6.40 Mar/17
Portugal 1.30 Feb/17
Qatar 20.20 Sep/16
Romania 0.70 Feb/17
Russia -2.00 Mar/17
Saudi Arabia 3.00 Jun/16
Sierra Leone 66.10 Dec/13
Singapore -14.00 Dec/16
Slovakia 11.70 Feb/17
Slovenia 11.00 Feb/17
South Africa 40.00 Mar/17
South Korea 76.00 Feb/17
Spain 1.90 Feb/17
Sri Lanka 102.00 Dec/16
Sweden 109.00 Feb/17
Switzerland 107.20 Feb/17
Thailand 50.10 Feb/17
Turkey 105.30 Feb/17
Uganda 54.28 Feb/17
Ukraine 108.70 Dec/16
United Kingdom 15.00 Mar/17
United States 57.70 Feb/17