NAB Business Confidence Index - Explained
What is the NAB Business Confidence Index?
Written by J. Mance Gordon
Updated at May 6th, 2024
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What is the NAB Business Confidence Index?
The NAB Business Confidence Index is an index published by the National Australia Bank used for assessing the strength of business in Australia.
The index provides an overall picture of the Australian economy. The NAB Business Confidence Index was first published in 1997 and is continuing since.
The National Australia Bank publishes the business confidence index monthly and quarterly based on the surveys carried out on the Australian businesses.
Around 600 small, medium and large non-agricultural Australian companies and organizations are covered in this survey.
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