NAB Business Confidence Index

AAA

DEFINITION of 'NAB Business Confidence Index'

A key measure of business confidence in Australia, published monthly and quarterly by National Australia Bank. The NAB Business Confidence Index is a component of the bank's business survey, which covers hundreds of Australian companies to assess business conditions in the nation. The index is closely watched to gauge the overall condition of the Australian economy.

INVESTOPEDIA EXPLAINS 'NAB Business Confidence Index'

The NAB Business Confidence Index is a lagging indicator of the Australian economy. The NAB also analyzes business confidence across the country's regions and industrial sectors. National Australia Bank is one of Australia's leading financial services organizations, with approximately 11 million customers and 39,000 employees.

RELATED TERMS
  1. National Association of Purchasing ...

    An association which compiles a survey and index that monitors ...
  2. Consumer Confidence Index - CCI

    A survey by the Conference Board that measures how optimistic ...
  3. Michigan Consumer Sentiment Index ...

    A survey of consumer confidence conducted by the University of ...
  4. Tankan Survey

    An economic survey of Japanese business issued by the central ...
  5. CEO Confidence Survey

    A monthly survey of 100 CEOs from a variety of industries in ...
  6. Lion economies

    A nickname given to Africa's growing economies.
Related Articles
  1. Understanding The Consumer Confidence ...
    Economics

    Understanding The Consumer Confidence ...

  2. Consumer Confidence: A Killer Statistic
    Retirement

    Consumer Confidence: A Killer Statistic

  3. Leading Economic Indicators Predict ...
    Active Trading

    Leading Economic Indicators Predict ...

  4. Ebola's Economic Impacts on Liberia, ...
    Economics

    Ebola's Economic Impacts on Liberia, ...

comments powered by Disqus
Hot Definitions
  1. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  2. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  3. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  4. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  5. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
  6. Over The Counter

    A security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, etc. The phrase "over-the-counter" ...
Trading Center