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The FNB/BER Civil Confidence Index reveals the percentage of respondents that are satisfied with prevailing business conditions in the civil construction sector.
Date Uploaded: March 23 2015 12:00
After rising to 59 last quarter, the FNB/BER civil confidence index shed 20 points to register a level of 39 in 1Q2015. Confidence was lower largely due to a sharp slowdown in construction activity. In addition, the outlook for construction activity in the short term, particularly for new work, deteriorated.