Cradle Coast Region

economic profile

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Cradle Coast Region

Local sales

In the Cradle Coast Region, Construction had the highest local sales, generating $1,631 million in 2018/19.

Local sales by industry measures the output of local industries that is sold locally. This includes sales to local consumers, businesses and other organisations.

To get the full picture how each industry sector contributes to the regional or state economy, local sales data should be viewed alongside the other industry characteristics in the Industry sector analysis section.

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

Data source

National Economics (NIEIR) - Modelled series

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Local sales by industry sector
Cradle Coast Region - Constant prices2018/192013/14Change
Industry$m%. Tasmania$m%. Tasmania2013/14 - 2018/19
Agriculture, Forestry and Fishing530.58.45.0515.78.94.8+14.7
Mining106.91.70.8199.83.41.2-92.8
Manufacturing528.38.46.7562.69.78.7-34.3
Electricity, Gas, Water and Waste Services195.53.14.5209.03.65.2-13.5
Construction1,630.825.923.01,289.122.221.0+341.7
Wholesale Trade219.43.53.4217.73.83.9+1.7
Retail Trade316.95.04.8319.05.55.1-2.1
Accommodation and Food Services197.43.13.2194.33.33.4+3.2
Transport, Postal and Warehousing352.45.64.8353.16.15.4-0.7
Information Media and Telecommunications117.11.93.5108.41.93.4+8.7
Financial and Insurance Services240.43.86.0236.14.16.2+4.4
Rental, Hiring and Real Estate Services198.93.23.9135.62.33.2+63.3
Professional, Scientific and Technical Services175.02.85.3148.32.64.8+26.7
Administrative and Support Services180.52.93.0172.33.03.1+8.2
Public Administration and Safety274.94.45.1290.15.05.8-15.2
Education and Training265.54.24.5237.14.14.3+28.3
Health Care and Social Assistance586.39.38.8452.07.87.0+134.2
Arts and Recreation Services44.00.71.135.20.61.0+8.8
Other Services140.62.22.7129.72.22.5+10.9
Total industries6,301.3100.0100.05,805.1100.0100.0+496.2

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in economy.id by .id the population experts NIEIR-ID data are adjusted each year, using updated employment estimates. .id the population experts. Data are based on a 2016-17 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn more

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Dominant groups

An analysis of the local sales by industry sectors in the Cradle Coast Region in 2018/19 shows the three largest industries were:

  • Construction ($1,631million or 25.9%)
  • Health Care and Social Assistance ($586million or 9.3%)
  • Agriculture, Forestry and Fishing ($530million or 8.4%)

In combination these three industries accounted for $2,748 million in total or 43.6% of the total local sales by total industry in the the Cradle Coast Region.

In comparison, the same 3 industries in Tasmania accounted for 23.0% in Construction; 8.8% in Health Care and Social Assistance and 5.0% in Agriculture, Forestry and Fishing.

The major differences between local sales by industries of the Cradle Coast Region and Tasmania were:

  • A larger percentage of local sales by Agriculture, Forestry and Fishing (8.4% compared to 5.0%)
  • A larger percentage of local sales by Construction (25.9% compared to 23.0%)
  • A smaller percentage of local sales by Professional, Scientific and Technical Services (2.8% compared to 5.3%)
  • A smaller percentage of local sales by Financial and Insurance Services (3.8% compared to 6.0%)

Emerging groups

The total local sales by industry in the Cradle Coast Region $increased by 496 million between 2013/14 and 2018/19.

The largest changes in the local sales by industries between 2013/14 and 2018/19 in the Cradle Coast Region were for:

  • Construction (+$342 million)
  • Health Care and Social Assistance (+$134 million)
  • Mining (-$93 million)
  • Rental, Hiring and Real Estate Services (+$63 million)

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Cradle Coast Region

economic profile