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On-going efforts to rebuild following the civil unrest could aid the construction sector s recovery – Property Wheel
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Construction sector projected to be boosted by rioting, and looting repairs
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Construction industry building up again after 2020 lockdowns
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Activity levels decline in the building and construction sector
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Construction continues to grow as economy starts recovering
By Edward West
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CAPE TOWN - A V-SHAPED recovery in the construction sector continued in the fourth quarter of last year, according to the latest finding of the Afrimat Construction Index (ACI).
The ACI is a composite index of the level of activity within the building and construction sectors, and it continued on the pronounced recovery path that started in the previous quarter, the compiler of the index on behalf of Afrimat, and economist Dr Roelof Botha said yesterday.
“Due to the lockdown regulations, the ACI dropped sharply in the second quarter of 2020, but has bounced back and has remained above the base period level of 100 for two successive quarters now,” Dr Botha said.