Business sentiment for United States aggregates firms' qualitative views on current business conditions, future orders, and the broader economic climate. It is closely related to business confidence surveys.
Why FX traders watch it
Sentiment surveys are timely, often released before official activity statistics, and can move markets in the week ahead of harder data. The Federal Reserve treats deteriorating business sentiment as a risk to its growth projections.
How to interpret the data
Improving sentiment is usd-positive as it signals firms plan to invest and hire. A sharp deterioration in sentiment typically foreshadows weaker activity data and can shift rate expectations toward easing.
Optional upper bound. Defaults to the current date.
api_key
CONDITIONAL
string
Required for non-USD announcement requests. USD announcement requests are public without an API key.
Example Usage
To retrieve Business Sentiment data for USD from 2023:
GET https://fxmacrodata.com/api/v1/announcements/usd/business_sentiment?start_date=2023-01-01&end_date=2023-12-31
Frequently Asked Questions
How often is United States Business Sentiment updated?
Business Sentiment for United States is released on a monthly schedule by Federal Reserve (or the relevant national statistics agency). FXMacroData ingests each new value within seconds of the official publication and exposes the exact announcement timestamp on every record.
What unit is Business Sentiment reported in?
The series is published in Index. The exact unit is also returned on every API response under the indicator metadata.
Where does FXMacroData source United States Business Sentiment data?
Data is fetched directly from Federal Reserve or the official national statistics publication for United States. The source URL is preserved on every announcement record so downstream consumers can trace the value back to its primary release.
How do I query Business Sentiment for United States via the API?
Issue a GET request to /api/v1/announcements/usd/business_sentiment?api_key=YOUR_API_KEY. The response contains a chronological list of observations with values, release dates, and announcement timestamps. USD announcement data is public; other currencies require a Professional API key.