The Leeds Business Confidence Index (LBCI) Q1 2025
Business confidence took one of the most neutral looks in the history of the LBCI as panelists weigh new looming policy. All components of the Leeds Business Confidence Index (LBCI) posted year-over-year and over-the-quarter gains ahead of Q1 2025. The new presidential administration, tariffs, and interest rates were commonly cited as the primary reason for panelists’ responses.