Cradle Coast RegionEconomic profile
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Cradle Coast Region

Industry sector analysis - All industries

In 2015/16, the Cradle Coast Region contributed 44.8% of Greater Hobart’s employment and 45.7% of its value added.

Industry sector profiles reveal the way in which each industry contributes to the economy in the Cradle Coast Region 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 Cradle Coast Region contributes to the wider economy. For example, the Cradle Coast Region contributes 44.8% of Greater Hobart’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 Cradle Coast Region. To see how concentrated each industry sector is, visit the Employment locations section.

The third chart refers to how employment in the Cradle Coast Region 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
Cradle Coast Region - All industries - Constant prices2015/162010/11Change
Economic measureCradle Coast RegionGreater HobartCradle Coast Region as a % of Greater HobartCradle Coast RegionGreater HobartCradle Coast Region as a % of Greater Hobart2010/11 to 2015/16
Employment (total)51,168114,11544.8%51,346110,09346.6%-178
Employment (FTE)41,53990,04746.1%42,13588,63647.5%-596
FTE to total employment ratio0.810.79--0.820.81---0.01
Output/Total Sales ($m)9,453.2821,270.7244.4%9,198.1319,891.0246.2%+255.15
Value add ($m)4,752.2110,389.1345.7%4,617.559,731.6247.4%+134.66
Exports ($m)3,215.587,466.4843.1%3,207.377,094.3845.2%+8.22
Exports (domestic) ($m)2,404.216,659.4436.1%2,364.636,262.3537.8%+39.58
Exports (international) ($m)811.37807.04100.5%842.74832.04101.3%-31.36
Imports($m)5,566.8411,138.9350.0%5,360.419,999.8253.6%+206.44
Imports (domestic) ($m)4,371.658,723.7550.1%4,129.497,688.8153.7%+242.16
Imports (international) ($m)1,195.192,415.1849.5%1,230.912,311.0053.3%-35.72
Local Sales ($m)6,237.7013,804.2545.2%5,990.7612,796.6446.8%+246.94
Worker productivity ($ per worker)92,87591,041--89,93088,395--+2,945

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 Cradle Coast Region, Local Sales: 66.0% Cradle Coast Region, Exports (international): 8.6% Cradle Coast Region, Exports (domestic): 25.4% Greater Hobart, Local Sales: 64.9% Greater Hobart, Exports (international): 3.8% Greater Hobart, Exports (domestic): 31.3%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Industry contribution to Greater Hobart 2015/16
Industry contribution to Greater Hobart 2015/16 Employment (total), Cradle Coast Region - All industries: 44.8% Employment (FTE), Cradle Coast Region - All industries: 46.1% Output/Total Sales ($m), Cradle Coast Region - All industries: 44.4% Value add ($m), Cradle Coast Region - All industries: 45.7% Exports ($m), Cradle Coast Region - All industries: 43.1% Exports (domestic) ($m), Cradle Coast Region - All industries: 36.1% Exports (international) ($m), Cradle Coast Region - All industries: 100.5% Imports($m), Cradle Coast Region - All industries: 50.0% Imports (domestic) ($m), Cradle Coast Region - All industries: 50.1% Imports (international) ($m), Cradle Coast Region - All industries: 49.5% Local Sales ($m), Cradle Coast Region - All industries: 45.2%
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, Cradle Coast Region relative to Greater Hobart: 1,875.9 Net change in Industry Mix (IM) effect, Cradle Coast Region relative to Greater Hobart: 0.0 Net change in Expected change (BG + IM), Cradle Coast Region relative to Greater Hobart: 1,875.9 Net change in Actual change, Cradle Coast Region relative to Greater Hobart: -177.9 Net change in Regional Competitive (RC) effect, Cradle Coast Region relative to Greater Hobart: -2,053.9
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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