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The Leeds Business Confidence Index (LBCI) Q2 2026

LBCI Q2 2026

Business leaders’ confidence remained subdued ahead of Q2. Respondents noted geopolitical conflicts and global instability, domestic political and policy risks, macroeconomic volatility and downturn potential, and commodity and energy price volatility weighing on their 2026 outlook.Ìý

The Leeds Business Confidence Index (LBCI) decreased 1.2 points from Q1 2026 to Q2 2026. Four components of the index increased from Q1 to Q2, but all six components were down when compared to Q2 2025. The largest increases in the index were hiring plans and profits, while the highest index levels were recorded in sales and profits.Ìý

Download the Q2 LBCI Report

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