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The Absa Manufacturing Survey is a brisk quarterly report on the results and implications of the latest BER survey of manufacturing firms. Released in advance of official indicators of activity, it provides reliable and up-to-date information on current trends and valuable perspectives on the outlook for the sector.
Apart from business confidence, the survey data highlights current and expected trends in business conditions, domestic as well as export sales volumes, production volumes, the number of factory workers, input costs and selling prices, fixed investment and stock levels.
The survey covers the various important manufacturing subsectors as well as the main provinces (Western Cape, KwaZulu-Natal and Gauteng).
Date Uploaded: November 27 2024 08:00
Following unchanged confidence in Q3, the latest Absa Manufacturing Survey showed that business confidence in the factory sector gained 8 points to reach a level of 36 in 2024Q4. This is the highest confidence level since 2022Q1; it is the first time in almost three years that confidence is above 30 points.