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.

Back to Documents

FNB/BER Building Confidence Index (excel), 2023Q2

Date Uploaded: June 15 2023 09:00


The FNB/BER Building Confidence Index shed five points to register a level of 28 in 2023Q2. A sharp fall in sentiment among building sub-contractors and hardware on retailers weighed heavily on the overall index. This was underpinned by a decline in main contractor activity as well as continued weaker hardware retailer sales. Of additional concern is the broad-based expectation that activity and sales will likely come under further pressure over the short term.