FNB Building Confidence Index

Business Confidence Index
Consumer Confidence Index
Purchasing Managers' Index
Building Confidence Index
Civil Confidence Index

FNB Building Confidence Index

The FNB/BER Building Confidence Index reveals the percentage of respondents that are satisfied with prevailing business conditions in six sectors, namely architects, quantity surveyors, main contractors, sub-contractors (plumbers, electricians, carpenters and shop fitters), manufacturers of building materials (cement, bricks and glass) and retailers of building material and hardware. This means that the index covers the entire building construction pipeline: from planning (represented by the architects and quantity surveyors), renovations, additions, owner builders, the informal sector (represented by building material and hardware retailers) and production (manufacturers of building materials) to the actual erection of buildings by main contractors and sub-contractors.

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FNB/BER Building Confidence Index, 2024Q1 (excel)

Date Uploaded: March 11 2024 09:00


After rising to an eight-year high in 2023Q4, the FNB/BER Building Confidence Index fell sharply to 27 in 2024Q1. The decline was broad-based with four of the six sectors recording a fall in sentiment in excess of 20 points. The current level of the index therefore means that more than 70% of respondents are dissatisfied with prevailing business conditions.