Business Confidence Index
The outlook of corporate decision makers.
The Business Confidence Index (BCI) is based on surveys of business managers regarding their plans for production, orders, and hiring. It indicates whether businesses are preparing to expand or contract.
Significance
High business confidence leads to increased Capital Expenditure (CapEx) and hiring, driving economic growth.
Key Takeaways
Leading indicator of investment.
Signals future hiring trends.
Correlates with stock market performance.
Related Terms
Business Confidence Index
The outlook of corporate decision makers.
The Business Confidence Index (BCI) is based on surveys of business managers regarding their plans for production, orders, and hiring. It indicates whether businesses are preparing to expand or contract.
Significance
High business confidence leads to increased Capital Expenditure (CapEx) and hiring, driving economic growth.
Key Takeaways
Leading indicator of investment.
Signals future hiring trends.
Correlates with stock market performance.
Related Terms
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