Macroeconomics
Business Confidence
Definition
What is Business Confidence?
A measure of firms' expectations about sales, investmentAn asset or commitment of money made with the expectation of future income, growth, or both., and economic conditions.
Example in practice
How This Looks in Practice
Rising business confidence supports capital expenditureMoney spent to acquire or improve long-term assets..
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Related Terms
Macroeconomics
Gross Domestic Product
The total market value of final goods and services produced within a country during a period.
MacroeconomicsReal GDP
Gross domestic product adjusted for changes in prices.
MacroeconomicsNominal GDP
Gross domestic product measured at current prices without adjusting for inflation.
Market SentimentRisk-On Market
A market environment in which investors favour higher-risk assets.