The Macro Index summarises consumers’ view of the Swedish economy and is calculated using the formula: Macro Index = Swedish economy (assessment of present situation) + Swedish economy (expectations) – unemployment (expectations).

The confidence indicator is a mean of the net balances (seasonally adjusted and standardised) for the questions above. This time series is then standardised into a new series with a mean of 100 and a standard deviation of 10 as from 1996.

Further results and information about the Economic Tendency Survey are available at the National Institute of Economic Research.

National Institute of Economic Research