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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.
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).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Moves with | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Moves against | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Moves with | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Moves against | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
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.
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
Same-country events in the next 14 days include Fed Hammack Speech (Oct 15) and Import Prices MoM (Oct 16).
Auto-generated from current model state · Refreshes on each release · Last update February 2025.
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.
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.
This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
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| Wednesday, October 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | Inflation Rate YoY | 3.7 | 3.4 | 3.6 | 3.65 | High | |
| 12:30 | Core Inflation Rate YoY | 2.6 | 2.4 | 2.5 | 2.55 | High | |
| 12:30 | CPI s.a | 336.3 | 334.13 | 335.8 | 336.05 | High | |
| 12:30 | Core Inflation Rate MoM | 0.3 | 0.3 | 0.2 | 0.25 | High | |
| 12:30 | Inflation Rate MoM | 0.6 | 0.4 | 0.6 | 0.60 | High | |
| 12:30 | Inflation Rate | 336.94 | 334.98 | 336.65 | 336.79 | High | |
| 20:30 | API Crude Oil Stock Change | -11.1 | -2.09 | 1.9 | -4.60 | Medium | |
| 21:00 | API Crude Oil Stock Change | -11.1 | -2.09 | 1.9 | -4.60 | Medium | |
| Thursday, October 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Producer Price Index YoY | 6.3 | 5.6 | 5.3 | 5.80 | Low | |
| 12:30 | Philadelphia Fed Manufacturing Index | 20.9 | 37.8 | 28.4 | 33.63 | Medium | |
| 12:30 | NY Empire State Manufacturing Index | 25.5 | 7.6 | 10.3 | 17.90 | High | |
| 12:30 | Core PPI YoY | 5 | 4.8 | 4.4 | 4.70 | Low | |
| 12:30 | Continuing Jobless Claims | 1710 | 1714 | 1710 | 1706.25 | High | |
| 12:30 | PPI Ex Food, Energy and Trade YoY | 5 | 4.8 | 4.7 | 4.85 | Low | |
| 12:30 | Producer Price Index MoM | 1.3 | 0.5 | 0.5 | 0.90 | High | |
| 12:30 | PPI Ex Food, Energy and Trade MoM | 0.5 | 0.3 | 0.3 | 0.40 | Low | |
| 12:30 | Initial Jobless Claims | 199 | 198 | 200 | 197.50 | High | |
| 12:30 | Producer Price Index | 159.78 | 157.411 | 159.1 | 159.44 | Low | |
| 12:30 | Jobless Claims 4-Week Average | 198.5 | 198.25 | 199 | 198.44 | High | |
| 12:30 | Core PPI MoM | 0.7 | 0.2 | 0.3 | 0.50 | Medium | |
| 12:30 | Retail Sales MoM | 0.1 | 1.2 | 0.3 | 0.25 | High | |
| 12:30 | Retail Sales Ex Autos MoM | 0.9 | 1.4 | 0.5 | 0.57 | High | |
| 12:30 | Retail Sales Ex Gas/Autos MoM | 0.2 | 1.1 | 0.2 | 0.23 | High | |
| 12:30 | Retail Sales YoY | 6.3 | 5.6 | 5.2 | 5.47 | High | |
| 14:00 | Business Inventories MoM | 0.4 | 0.9 | 0.4 | 0.40 | Medium | |
| 14:00 | Retail Inventories Ex Autos MoM | 0 | 0.8 | 0.1 | 0.05 | Low | |
| 14:30 | EIA Natural Gas Stocks Change | 67 | 85 | 76 | 73.25 | Low | |
| 15:00 | Atlanta Fed GDPNow | 3.6 | 3.6 | 3.6 | 3.70 | Medium | |
| 16:00 | EIA Gasoline Stocks Change | 3.518 | 0.382 | -0.5 | 1.51 | Medium | |
| 16:00 | EIA Crude Oil Stocks Change | -8.557 | -3.186 | -0.3 | -4.43 | Medium | |
| 16:00 | EIA Distillate Stocks Change | -2.527 | -0.042 | -1.6 | -2.06 | Low | |