The Leeds Business Confidence Index (LBCI) Q1 2024
Entering 2024, business confidence remains suppressed but is on the rise. Nearly every component of the Leeds Business Confidence Index (LBCI) increased ahead of Q1 and Q2 2024. There was less consensus about the reasons for their outlook compared to the last several quarters, with interest rates, general comments about the economy, and inflation cited as the most pressing factors.