Business confidence survey in Singapore, June, 2020
For that indicator, we provide data for Singapore from Q2 1970 to Q2 2020. The average value for Singapore during that period was 13.2 points with a minimum of -57 points in Q1 2009 and a maximum of 54 points in Q2 1976.
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Source: Department of Statistics Singapore
Definition: The business survey indicator provides information on the amount of optimism or pessimism that business managers feel about the prospects of their companies, based upon opinion surveys on developments in production, orders and stocks of finished goods and the general economic situation of the company. It can be used to monitor output growth and to anticipate turning points in economic activity.