Roy Morgan Business Confidence jumped 19pts to 120.5 in February as Omicron variant rapidly receded
In February 2022 Roy Morgan Business Confidence jumped by 19pts (+18.7%) to 120.5. This is the biggest monthly increase during the pandemic and essentially returns Business Confidence to its pre-Omicron level came after the Omicron variant spread rapidly during December 2021 and early January 2022 but then quickly declined during February.