Business tendency indicators in manufacturing by enterprise size (balances, %)
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Confidence indicator in manufacturing
Confidence indicator in manufacturing is composite indicator characterising the development in this sector. It is calculated as net balance of the answers to three questions: current order books and production expectations minus stocks of finished products. Balance is calculated as difference between positive and negative answers, expressed in per cent.
In respect to the business tendency indicators characterising the trend the respondent estimates the changes during the last 3 months (respondent has 3 options: improved, did not change, worsened).
In respect to the business tendency indicators characterising the future trend the respondent gives evaluation of the expected changes in next 3 months (respondent has 3 options: (will improve, will not change, will worsen).
In respect to the business tendency indicators characterising the level the respondent estimates the current situation (respondent has 3 options: good, satisfactory, bad).