Slight Gain In Building Confidence, But Deeper Decline In Civils – FNB/BER The FNB/BER Building Confidence Index registered a gain of 4 points to 29 in 2Q2019, whilst the Civil Confidence Index remained close to an all-time low with a further – and deeper – decline in construction activity. Although the FNB/BER Building Confidence Index […]
Building sector confidence falls further in 1Q2019 Confidence in South Africa’s building sector fell in the first quarter of 2019, with the building confidence index sponsored and compiled by First National Bank and the Bureau for Economic Research (FNB/BER) losing seven points to an almost eight-year low of 25. The current level of the index […]
Heartening rise in non-residential activity in 2Q2018 But Building Confidence drops to below 30 The FNB/BER Building Confidence Index lost 14 points to register a level of 29 in 2Q2018 – the lowest since 2Q2012. The Index indicates that the majority – more than 70 per cent – of respondents are dissatisfied with prevailing business […]
FNB/BER Building Confidence Index lowest since 2012 The FNB/BER Building Confidence Index fell to 31 in 4Q2017, from 35 in 3Q2017. This marks the lowest confidence since 3Q2012. At the current level, the index indicates that the majority (nearly 70 per cent) of respondents are dissatisfied with prevailing business conditions. The confidence of main contractors […]
Building confidence dives sharply in Q2 The FNB/BER Building Confidence Index fell sharply to 32 in 2Q2017, this after reaching its highest level in more than a year of 43 points in 1Q2017. Furthermore, all of the sub-sectors measured registered a drop in confidence. This has only happened in five other instances since the index […]