Sentiment in the civil construction sector has remained depressed as a majority of businesses are dissatisfied with prevailing business conditions in spite of the quickening pace of the recovery. The FNB/BER Civil Confidence Index remained firmly...
Despite improvement in market activity, civil contractor confidence declined further in Q1 2022 to its lowest level on record, barring Q2 2020. This decline means that more than 90% of civil contractors included in the latest FNB/BER Civil...
Delays in awarding infrastructure projects are believed to be responsible for confidence in South Africa’s civil construction industry dropping in the fourth quarter of this year. Confidence levels deteriorated despite most of the underlying...
In 2Q2020, the FNB/BER Civil Confidence Index fell to only five. Sentiment improved to 11 in 3Q2020 and by a further five points to 16 in 4Q2020. Although better, the current index level means that the vast majority (more than eighty per cent) of...
Even though lockdown restrictions eased such that construction firms could operate more normally, activity levels remained ultra-depressed with only a marginal improvement from 2Q2020. Sentiment in the civil construction sector, as measured by the...
The FNB/BER Civil Confidence Index fell to an all-time low of five in the second quarter, as a result of the sharp decline in activity. This is due to many firms having been closed in April and May. After rising from 10 to 24 between the first...
The FNB/BER Civil Confidence Index rose for the fourth consecutive quarter to 24 in 1Q2020, from 22 in 4Q2019. While higher, the current index level still means that the majority (more than seventy-five per cent) of respondents are dissatisfied...
First National Bank (FNB) and the Bureau for Economic Research (BER) says construction activity has continued to improve in the fourth quarter of the year. The Civil Confidence Index rose to 22 in the fourth quarter, the first time since the second...
Confidence in South Africa’s construction sector plummeted to its lowest level since the third quarter of 2000 according to the latest FNB/BER Civil Confidence Index. The index shed 13 points to register a level of 15 in the third quarter of 2017...
