Building confidence loses ground in second quarter
There was a sharp downturn in the confidence of building material manufacturers in the three months to end-June, according to an FNB survey
22 June 2022 - 12:21
Confidence in the building sector slipped in the second quarter from the four-year high registered in the first three months of 2022, weighed down by a plunge in the attitude of building material manufacturers, an industry survey showed on Wednesday.
The FNB/Bureau of Economic Research building confidence index registered a 6-point decline to 34 in the second quarter, but core building — which excludes building material manufacturing and hardware retail — gained four points to 35...
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now