City of CaseyEconomic profile
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In the City of Casey, Construction is the most productive industry, generating $923 million in 2015/16.

Value added by industry is an indicator of business productivity in City of Casey. It shows how productive each industry sector is at increasing the value of its inputs. It is a more refined measure of the productivity of an industry sector than output (total gross revenue), as some industries have high levels of output but require large amounts of input expenditure to achieve that.

By comparing the value added of each industry sector to a regional benchmark, you can clearly see the structure of City of Casey’s economy. This can be done by directly comparing the percentage contribution of each industry to the total output, relative to the benchmark, or by using a location quotient, where a number greater than one indicates a high concentration of that industry and less than one indicates a lower concentration.

To see what contribution each industry makes to the state or region, see the Industry sector analysis section. To understand the value of a worker in each industry, view this dataset in conjunction with Worker productivity data, and to see the relationship of value added to the total size of the economy, go to the Gross Regional Product section.

Detailed notes about how the figures are derived can be found in the specific topic notes section.

National Economics (NIEIR) - Modelled series

Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.
Value added by industry sector
City of Casey - Constant prices2015/162010/11Change
Industry
(Click rows to view sub-categories)
$m%Victoria%$m%Victoria%2010/11 to 2015/16
Agriculture, Forestry and Fishing170.63.12.9161.63.53.3+9.0
Mining11.10.22.213.80.32.6-2.6
Manufacturing441.48.08.3440.99.410.0+0.6
Electricity, Gas, Water and Waste Services80.81.52.695.32.02.8-14.5
Construction923.116.78.1628.713.47.2+294.3
Wholesale Trade344.26.25.4301.36.45.2+42.9
Retail Trade698.212.65.9516.311.05.8+181.9
Accommodation and Food Services190.23.42.8205.84.43.2-15.7
Transport, Postal and Warehousing244.64.45.4256.95.55.6-12.3
Information Media and Telecommunications68.11.24.256.51.23.9+11.6
Financial and Insurance Services230.54.212.7195.94.212.3+34.7
Rental, Hiring and Real Estate Services234.14.23.7158.03.42.9+76.1
Professional, Scientific and Technical Services242.94.49.4203.94.49.1+39.0
Administrative and Support Services128.42.33.1130.12.83.7-1.7
Public Administration and Safety196.83.65.0162.33.54.8+34.4
Education and Training510.49.26.6462.49.96.6+48.0
Health Care and Social Assistance570.910.38.4473.910.17.7+97.1
Arts and Recreation Services70.01.31.160.21.31.1+9.8
Other Services165.33.02.1152.73.32.2+12.5

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 2015-16 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.

Value added by industry sector 2015/16
Value added by industry sector 2015/16 Agriculture, Forestry and Fishing, Victoria: 2.9% Mining, Victoria: 2.2% Manufacturing, Victoria: 8.3% Electricity, Gas, Water and Waste Services, Victoria: 2.6% Construction, Victoria: 8.1% Wholesale Trade, Victoria: 5.4% Retail Trade, Victoria: 5.9% Accommodation and Food Services, Victoria: 2.8% Transport, Postal and Warehousing, Victoria: 5.4% Information Media and Telecommunications, Victoria: 4.2% Financial and Insurance Services, Victoria: 12.7% Rental, Hiring and Real Estate Services, Victoria: 3.7% Professional, Scientific and Technical Services, Victoria: 9.4% Administrative and Support Services, Victoria: 3.1% Public Administration and Safety, Victoria: 5.0% Education and Training, Victoria: 6.6% Health Care and Social Assistance, Victoria: 8.4% Arts and Recreation Services, Victoria: 1.1% Other Services, Victoria: 2.1% Agriculture, Forestry and Fishing, City of Casey: 3.1% Mining, City of Casey: 0.2% Manufacturing, City of Casey: 8.0% Electricity, Gas, Water and Waste Services, City of Casey: 1.5% Construction, City of Casey: 16.7% Wholesale Trade, City of Casey: 6.2% Retail Trade, City of Casey: 12.6% Accommodation and Food Services, City of Casey: 3.4% Transport, Postal and Warehousing, City of Casey: 4.4% Information Media and Telecommunications, City of Casey: 1.2% Financial and Insurance Services, City of Casey: 4.2% Rental, Hiring and Real Estate Services, City of Casey: 4.2% Professional, Scientific and Technical Services, City of Casey: 4.4% Administrative and Support Services, City of Casey: 2.3% Public Administration and Safety, City of Casey: 3.6% Education and Training, City of Casey: 9.2% Health Care and Social Assistance, City of Casey: 10.3% Arts and Recreation Services, City of Casey: 1.3% Other Services, City of Casey: 3.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the valued added by industry sectors in City of Casey in 2015/16 shows the three largest industries were:

  • Construction ($923 million or 16.7%)
  • Retail Trade ($698 million or 12.6%)
  • Health Care and Social Assistance ($571 million or 10.3%)

In combination these three industries accounted for $2,192 million in total or 39.7% of the total value added by industry in the City of Casey.

In comparison, the same 3 industries in Victoria accounted for 8.1% in Construction; 5.9% in Retail Trade; and 8.4% in Health Care and Social Assistance.

The major differences between the value added by industries of the City of Casey and Victoria were:

  • A larger percentage of value added by Construction (16.7% compared to 8.1%)
  • A larger percentage of value added by Retail Trade (12.6% compared to 5.9%)
  • A smaller percentage of value added by Financial and Insurance Services (4.2% compared to 12.7%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (4.4% compared to 9.4%)

Change in value added by industry sector, 2010/11 to 2015/16
Change in value added by industry sector, 2010/11 to 2015/16 Agriculture, Forestry and Fishing, City of Casey: +$9.0 million Mining, City of Casey: -$2.6 million Manufacturing, City of Casey: +$0.6 million Electricity, Gas, Water and Waste Services, City of Casey: -$14.5 million Construction, City of Casey: +$294.3 million Wholesale Trade, City of Casey: +$42.9 million Retail Trade, City of Casey: +$181.9 million Accommodation and Food Services, City of Casey: -$15.7 million Transport, Postal and Warehousing, City of Casey: -$12.3 million Information Media and Telecommunications, City of Casey: +$11.6 million Financial and Insurance Services, City of Casey: +$34.7 million Rental, Hiring and Real Estate Services, City of Casey: +$76.1 million Professional, Scientific and Technical Services, City of Casey: +$39.0 million Administrative and Support Services, City of Casey: -$1.7 million Public Administration and Safety, City of Casey: +$34.4 million Education and Training, City of Casey: +$48.0 million Health Care and Social Assistance, City of Casey: +$97.1 million Arts and Recreation Services, City of Casey: +$9.8 million Other Services, City of Casey: +$12.5 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

Emerging groups

The total value added by industry in the City of Casey increased by 844.9 million between 2010/11 and 2015/16.

The largest changes in the value added by industries between 2010/11 and 2015/16 in the City of Casey were for:

  • Construction (+$294 million)
  • Retail Trade (+$182 million)
  • Health Care and Social Assistance (+$97 million)
  • Rental, Hiring and Real Estate Services (+$76 million)

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