# FNB senior economist Siphamandla Mkhwanazi, says the FNB/BER Civil Confidence Index has declined for the third consecutive quarter to register a level of 41 in the second quarter of this year, down from 45 in the first quarter. He says the current reading means that close to 60-percent of respondents are dissatisfied with prevailing business conditions. Mkhwanazi says business sentiment was lower despite an uptick in construction activity:
Majority of civil contractors dissatisfied with prevailing business conditions in second quarter [SOUND]
ENG SiphamandlaonDissatisfied