CONFIDENCE in Tasmania's economy has plummeted to its lowest level since the global financial crisis.

TASMANIA'S economy is recovering steadily from the global financial crisis to record the third fastest growth in the nation, new figures show.

BUSINESS confidence in Tasmania's economy has sunk to levels not seen since the peak of the global financial crisis.

Confidence in the Tasmanian economy has plunged to levels not seen since the middle of the global financial crisis, a major economic index has found.