# The RMB/BER Business Confidence Index rose to 45 index points in the fourth quarter of 2024, up from 38 in the third quarter. This was the third consecutive increase, which now puts the index almost 20 points above the second quarter of 2023. Confidence is now at its best level since the second quarter of 2021. The uptick in the index was broad-based, with new vehicle dealers the only one out of the five sub-sectors that saw a decline. Wholesale, retail and building contractors have confidence above the 50-neutral level.
Business confidence now at best level since second quarter of 2021