FNB-BER Building Confidence Index – Q3 2018

Declining building activity keeps confidence low in 3Q.

  • As in 2Q2018, the FNB/BER Building Confidence Index registered a level of 29 in 3Q2018.
  • Although the overall index was flat, there were noteworthy changes in confidence among the sub-sectors which make up the index, particularly a sharp  drop in sub-contractor confidence.
  • Overall, the downbeat sentiment reflects weak building activity growth.

Read more here: FNB-BER Building Confidence Index – Q3 2018