Armidale Regional CouncilEconomic profile
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Armidale Regional Council

Industry sector analysis - All industries

In 2015/16, the Armidale Regional Council contributed 0.4% of New South Wales’s employment and 0.3% of its value added.

Industry sector profiles reveal the way in which each industry contributes to the economy in the Armidale Regional Council using ten economic measures generated by NIEIR economic modelling. This helps in understanding the role each industry sector plays in the economy.

For example, some industry sectors generate substantial output (turnover), but are not big employers and targeting those industry sectors may not meet the economic development objective of maximising employment.

In the first chart, you can also see how the output of an industry is divided between local sales, domestic exports and international exports. This information can reveal how an industry is structured, and whether it is focused on exporting or on serving the local population.

The table and second chart also show how the Armidale Regional Council contributes to the wider economy. For example, the Armidale Regional Council contributes 0.4% of New South Wales’s employment.

Industry sector analysis data should be viewed in conjunction with Employment by industry (Total), Employment by industry (FTE), Value added, Imports and Exports to see how each specific industry fits into the wider picture of all industries within the Armidale Regional Council. To see how concentrated each industry sector is, visit the Employment locations section.

The third chart refers to how employment in the Armidale Regional Council has changed overtime and how it compares to expected changes based on benchmark and industry trends. This type of analysis is explored further within the Shift-share analysis economic tool.”

National Economics (NIEIR) - Modelled series

Industry sector analysis
Armidale Regional Council - All industries - Constant prices2015/162010/11Change
Economic measureArmidale Regional CouncilNew South WalesArmidale Regional Council as a % of New South WalesArmidale Regional CouncilNew South WalesArmidale Regional Council as a % of New South Wales2010/11 to 2015/16
Employment (total)13,2363,740,6760.4%14,1343,470,9260.4%-898
Employment (FTE)11,4943,196,1470.4%11,8212,982,9740.4%-327
FTE to total employment ratio0.870.85--0.840.86--+0.03
Output/Total Sales ($m)2,577.141,020,703.230.3%2,547.41871,927.650.3%+29.73
Value add ($m)1,214.62439,310.790.3%1,215.67385,756.560.3%-1.05
Exports ($m)806.84377,933.370.2%808.38324,839.750.2%-1.54
Exports (domestic) ($m)624.63313,413.630.2%602.18269,201.400.2%+22.45
Exports (international) ($m)182.2164,519.730.3%206.1955,638.350.4%-23.98
Imports($m)1,021.19382,644.060.3%970.81321,468.450.3%+50.37
Imports (domestic) ($m)679.34271,258.800.3%674.37224,113.690.3%+4.97
Imports (international) ($m)341.85111,385.250.3%296.4497,354.760.3%+45.40
Local Sales ($m)1,770.30643,508.680.3%1,739.04547,960.100.3%+31.26
Worker productivity ($ per worker)91,769117,442--86,012111,139--+5,757

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data is based on 2014-15 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.

Economic output by destination
Economic output by destination Armidale Regional Council, Local Sales: 68.7% Armidale Regional Council, Exports (international): 7.1% Armidale Regional Council, Exports (domestic): 24.2% New South Wales, Local Sales: 63.0% New South Wales, Exports (international): 6.3% New South Wales, Exports (domestic): 30.7%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Industry contribution to New South Wales 2015/16
Industry contribution to New South Wales 2015/16 Employment (total), Armidale Regional Council - All industries: 0.4% Employment (FTE), Armidale Regional Council - All industries: 0.4% Output/Total Sales ($m), Armidale Regional Council - All industries: 0.3% Value add ($m), Armidale Regional Council - All industries: 0.3% Exports ($m), Armidale Regional Council - All industries: 0.2% Exports (domestic) ($m), Armidale Regional Council - All industries: 0.2% Exports (international) ($m), Armidale Regional Council - All industries: 0.3% Imports($m), Armidale Regional Council - All industries: 0.3% Imports (domestic) ($m), Armidale Regional Council - All industries: 0.3% Imports (international) ($m), Armidale Regional Council - All industries: 0.3% Local Sales ($m), Armidale Regional Council - All industries: 0.3%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Shift-share analysis for Employment (Total) 2010/11 to 2015/16
Shift-share analysis for Employment (Total) 2010/11 to 2015/16 Net change in Benchmark Growth (BG) effect, Armidale Regional Council relative to New South Wales: 1,098.4 Net change in Industry Mix (IM) effect, Armidale Regional Council relative to New South Wales: 0.0 Net change in Expected change (BG + IM), Armidale Regional Council relative to New South Wales: 1,098.4 Net change in Actual change, Armidale Regional Council relative to New South Wales: -898.0 Net change in Regional Competitive (RC) effect, Armidale Regional Council relative to New South Wales: -1,996.4
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
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