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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS SACCI Business Confidence climbed to 121 in January 2025
FMPMonthlyReleased February 2025
US SACCI Business Confidence climbed to 121 in January 2025, released February 2025, up 2.9 from December's 118.1 reading. The reading matched the 120 consensus.
Latest Release
121.000000
Actual
120.000000
Consensus
118.100000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Bullish Stocks | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Bearish Gold | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
SACCI Business Confidence (United States) was reported at 121.00 in January 2025. This beat the market consensus of 120.00 by 1.00. The reading rose from the previous value of 118.10.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include OPEC Monthly Report (Jun 11) and Core PPI MoM (Jun 11).
Auto-generated from current model state · Refreshes on each release · Last update February 2025.
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SACCI Business Confidence - US
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About SACCI Business Confidence — United States
DEFINITION
SACCI Business Confidence is a widely recognized financial indicator that measures the overall sentiment and outlook of businesses in South Africa. It is based on a survey of business leaders and provides valuable insights into the current and future economic conditions of the country. This indicator is closely monitored by investors, policymakers, and analysts as it can indicate potential changes in business activity and economic growth. A high SACCI Business Confidence reading is typically associated with a strong and stable economy, while a low reading may signal potential challenges or downturns.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT'S NEXT
This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.