This quarterly index gauges ÃÛÌÇÖ±²¥ business leaders’ opinions about economic trends and how their industry will perform in the coming quarter. The index captures expectations for the national economy, state economy, industry sales, profits, hiring plans, and capital expenditures.

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LBCI Cover Image

The Leeds Business Confidence Index (LBCI) Q3 2022

June 28, 2022

Download The Leeds Business Confidence Index (LBCI) Q3 2022 ÃÛÌÇÖ±²¥ business leaders expressed pessimism ahead of Q3 2022, recording the fifth-lowest index in the 20-year history of the Leeds Business Confidence Index driven by inflation, interest rates, and the supply chain, among other factors. Looking two quarters ahead to Q4...

Cover page of the latest LCBI report.

The Leeds Business Confidence Index (LBCI) Q2 2022

April 1, 2022

Download The Leeds Business Confidence Index (LBCI) Q2 2022 Business confidence slipped ahead of Q2 2022, but still remained positive, with industry leaders citing the Russia/Ukraine conflict and inflation as the primary concerns looking ahead to the new quarter. All components of the index decreased ahead of the second quarter...

Cover of the report

The Leeds Business Confidence Index (LBCI) Q1 2022

Jan. 6, 2022

Download The Leeds Business Confidence Index (LBCI) Q1 2022 Business confidence remained elevated ahead of Q1 2022, rising slightly from Q4 2021. All components of the index increased ahead of the first quarter. The index increased 1.9 points from Q4 2021 to Q1 2022, and grew another 1.4 points ahead...

The Leeds Business Confidence Index (LBCI) Q4 2021 Thumbnail

The Leeds Business Confidence Index (LBCI) Q4 2021

Sept. 29, 2021

Download The Leeds Business Confidence Index (LBCI) Q4 2021 Business confidence remained elevated ahead of Q4 2021 despite falling from record high levels in Q3. All components of the index slipped ahead of the fourth quarter, but only the national indicator reflected pessimism. The index fell 11.2 points from Q3...

LBCI Q3 2021

The Leeds Business Confidence Index (LBCI) Q3 2021

June 30, 2021

Download The Leeds Business Confidence Index (LBCI) Q3 2021 Business confidence remained at record high levels ahead of Q3 2021, driven by record optimism about the state economy, industry sales, and industry hiring. The index increased 2.9 points from Q2 2021 to Q3 2021 and slipped only slightly looking out...

LBCI Q2 2021

The Leeds Business Confidence Index (LBCI) Q2 2021

March 31, 2021

Download The Leeds Business Confidence Index (LBCI) Q2 2021 Business confidence increased sharply from Q1 2021 to Q2 2021, and marked further improvement looking out two quarters to Q3 2021, largely due to the pace of vaccinations and the expectations about easing economic restrictions. Optimism was revised up from the...

LBCI Q1 2021

The Leeds Business Confidence Index (LBCI) Q1 2021

Jan. 3, 2021

Download The Leeds Business Confidence Index (LBCI) Q1 2021 Business confidence ahead of Q1 2021wasunchanged compared to Q4 2020, but lookingfurther out to Q2 confidence improved, largely on positive news about the vaccine and the hopes of a real reopening of the economy. Optimism was revised down from the September...

BRD-LBCI-Q4-2020

The Leeds Business Confidence Index (LBCI) Q4 2020

Sept. 30, 2020

Download The Leeds Business Confidence Index (LBCI) Q4 2020 Business optimism was revised down for the fourth quarter from 51 to 47.9, signaling a more bearish reality as the economy moves into the final quarter of the year. Nonetheless, after falling to a historic low earlier in the year, ÃÛÌÇÖ±²¥...

LBCI Q3 2020

The Leeds Business Confidence Index (LBCI) Q3 2020

June 30, 2020

Download The Leeds Business Confidence Index (LBCI) Q3 2020 After falling to a historic low in Q2 2020, ÃÛÌÇÖ±²¥ business leaders’ confidence improved ahead of Q3 and Q4 2020. A small majority (52%) continued to cite COVID-19 for their pessimistic outlook, but glimmers of optimism shone through with individuals citing...

LBCI Q2 2020

The Leeds Business Confidence Index (LBCI) Q2 2020

March 29, 2020

Download The Leeds Business Confidence Index (LBCI) Q2 2020 ÃÛÌÇÖ±²¥ business leaders’ confidence dove to historic lows entering Q2 2020, with 86% of panelists citing COVID-19 for their pessimistic outlook. The index also recorded the largest single-quarter decline in the 17-year history of the index, illustrating the rapid deterioration of...

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