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 (excel), 2021Q3

Date Uploaded: September 14 2021 09:00


The FNB/BER Building Confidence Index declined to 35 in 2021Q3, from 39 in 2021Q2. This means that, across the building sector pipeline, 65% of respondents are dissatisfied with prevailing business conditions. While the composite index remains higher than the average of the past few years, it is concerning that the index excluding the hardware retail and building material manufacturing sector – a measure of confidence in the “core” building sector – fell to 20, from 25 in 2021Q2.