Business Sentiment (USD)

Survey-based measure of business sentiment reflecting executive expectations for production, orders, and overall economic conditions.

Latest reading: 94.7 Index · Last updated: · Source: FRED (BEA/BLS/Fed)

Category: Economy

API Endpoint

/api/v1/announcements/usd/business_sentiment

About Business Sentiment (USD)

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.

Historical Business Sentiment (USD)

Source: FRED (BEA/BLS/Fed)  ·  Monthly  ·  Index

Data provided by FXMacroData via the /api/v1/announcements/usd/business_sentiment endpoint. For access, see pricing.

Data Source

Primary Source

FRED (BEA/BLS/Fed)

Official Series ID

MICH

Data Format and Properties

Data Frequency

Monthly

Unit of Measure

Index

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format.

{
    "currency": "USD",
    "indicator": "business_sentiment",
    "has_official_forecast": false,
    "start_date": "2023-01-01",
    "end_date": "2023-12-31",
    "data": [
        {
            "date": "2024-07-01",
            "val": 4.2,
            "announcement_datetime": 1722456000
        }
    ]
}

Request Parameters & Usage

Parameter Required Format Description
start_date NO YYYY-MM-DD Optional lower bound for the requested history.
end_date NO YYYY-MM-DD 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.