FNB Building Confidence Index
FNB/BER Building Confidence Index (excel), 2019Q4
Last updated: Dec 4 2019 8:59AM
After receding to a 20-year low of 22 in 2019Q3, the FNB/BER Building Confidence Index edged higher to 25 in 2019Q4. Four sub-sectors registered higher confidence in 4Q2019 namely, hardware retailers (+19), architects (+18), sub-contractors (+12) and main
read moreAfter receding to a 20-year low of 22 in 2019Q3, the FNB/BER Building Confidence Index edged higher to 25 in 2019Q4. Four sub-sectors registered higher confidence in 4Q2019 namely, hardware retailers (+19), architects (+18), sub-contractors (+12) and main contractors (+8). This was almost entirely offset by a 35-index point drop in building material manufacturer confidence.
FNB/BER Building Confidence Index (excel), 2019Q3
Last updated: Sep 17 2019 8:10AM
The FNB/BER Building Confidence Index fell to a multi-year low of 22 in 2019Q3, from 29 in 2019Q2. The current level of the index indicates that close to 80 per cent of respondents are dissatisfied with prevailing business conditions. Five of the six
read moreThe FNB/BER Building Confidence Index fell to a multi-year low of 22 in 2019Q3, from 29 in 2019Q2. The current level of the index indicates that close to 80 per cent of respondents are dissatisfied with prevailing business conditions. Five of the six sub-sectors surveyed reported lower confidence, led by a 22- index-point drop in building sub-contractor confidence. In contrast, building material manufacturer confidence increased to 39.
FNB/BER Building Confidence Index (excel), 2019Q2
Last updated: Jun 18 2019 8:16AM
The FNB/BER Building Confidence Index registered a gain of 4 points to 29 in 2019Q2. While confidence was higher, growth in activity was broadly unchanged. In contrast, activity at the start of the building pipeline (architects and quantity surveyors)
read moreThe FNB/BER Building Confidence Index registered a gain of 4 points to 29 in 2019Q2. While confidence was higher, growth in activity was broadly unchanged. In contrast, activity at the start of the building pipeline (architects and quantity surveyors) improved.
FNB Building Confidence Index (History Data), 2019
Last updated: Mar 18 2019 8:22AM
The FNB/BER Building Confidence Index lost 7 points to reach an almost eight-year low of 25. During the quarter, two of the six sub-sectors registered higher confidence. Of the four that registered lower confidence, manufacturers (-24) and hardware retailers
read moreThe FNB/BER Building Confidence Index lost 7 points to reach an almost eight-year low of 25. During the quarter, two of the six sub-sectors registered higher confidence. Of the four that registered lower confidence, manufacturers (-24) and hardware retailers (-23) saw the biggest decline. Overall, the results suggest an intensification of the weak demand conditions plaguing the sector over the past few quarters, with little relief on the horizon.
FNB Building Confidence Index (History Data), 2018
Last updated: Dec 6 2018 8:50AM
The FNB/BER Building Confidence Index shed 3 index points to register a level of 32 in 2018Q4. Of the four sub-sectors which reported lower confidence, the sharp increase in pessimism among architects and quantity surveyors was of particular concern. This was
read moreThe FNB/BER Building Confidence Index shed 3 index points to register a level of 32 in 2018Q4. Of the four sub-sectors which reported lower confidence, the sharp increase in pessimism among architects and quantity surveyors was of particular concern. This was underpinned by a marked fall in activity
FNB Building Confidence Index (History Data), 2018
Last updated: Mar 19 2018 7:39AM
After falling to 31 in 2017Q4, the FNB/BER Building Confidence Index gained 12 points to register a level of 43 in 2018Q1. The higher confidence is supported by the underlying activity indices with the sharp improvement in non-residential main contractor
read moreAfter falling to 31 in 2017Q4, the FNB/BER Building Confidence Index gained 12 points to register a level of 43 in 2018Q1. The higher confidence is supported by the underlying activity indices with the sharp improvement in non-residential main contractor activity especially encouraging
FNB Building Confidence Index (History Data), 2017
Last updated: Dec 7 2017 7:37AM
The FNB/BER Building Confidence Index fell to 31 in 2017Q4, from 35 in 2017Q3. This marks the lowest confidence since 2012Q3. Despite the fall in confidence, on balance, activity was broadly unchanged compared to 2017Q3, albeit still weak.
read moreThe FNB/BER Building Confidence Index fell to 31 in 2017Q4, from 35 in 2017Q3. This marks the lowest confidence since 2012Q3. Despite the fall in confidence, on balance, activity was broadly unchanged compared to 2017Q3, albeit still weak.
FNB Building Confidence Index (History Data), 2016
Last updated: Dec 7 2016 8:38AM
The FNB/BER Building Confidence Index rose to 40 points in 2016Q4, its best level in 12 months. This is 2 points higher than the level of 38 recorded in 2016Q3. Furthermore, confidence was higher in all but 2 of the sub-sectors, namely retailers and
read moreThe FNB/BER Building Confidence Index rose to 40 points in 2016Q4, its best level in 12 months. This is 2 points higher than the level of 38 recorded in 2016Q3. Furthermore, confidence was higher in all but 2 of the sub-sectors, namely retailers and manufacturers of building material. However, even though confidence improved, the current level of the index indicates that the majority (sixty per cent) of respondents are dissatisfied with prevailing business conditions.
FNB Building Confidence Index (History Data), 2015
Last updated: Dec 2 2015 10:17AM
After losing 9 points in 2015Q3, the FNB/BER Building Confidence Index regained some ground, rising by 4 points to 48 in 2015Q4. Although confidence remained below 50, the underlying activity indicators particularly that of residential contractors and
read moreAfter losing 9 points in 2015Q3, the FNB/BER Building Confidence Index regained some ground, rising by 4 points to 48 in 2015Q4. Although confidence remained below 50, the underlying activity indicators particularly that of residential contractors and hardware merchants, suggest that growth in the sector regained some momentum. In contrast, the slowdown in non-residential building activity intensified during the quarter.
FNB Building Confidence Index, 2015 - Quarter 3
Last updated: Sep 17 2015 11:49AM
The FNB/BER Building Confidence Index fell for the third straight quarter to 44 points, from 53 in 2015Q2. The fall in building confidence was led by a sharp drop in the confidence of manufacturers and retailers of hardware, on the back of weaker sales and
read moreThe FNB/BER Building Confidence Index fell for the third straight quarter to 44 points, from 53 in 2015Q2. The fall in building confidence was led by a sharp drop in the confidence of manufacturers and retailers of hardware, on the back of weaker sales and profitability. In contrast, building activity of main contractors, particularly in the non-residential sector, improved.