Gladstone Regional CouncilEconomic profile
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Gladstone Regional Council area

Location quotient by industry

In 2017/18, Manufacturing was a major specialisation in Gladstone Regional Council area in terms of Output.

The location quotient is a simple way of seeing which are the main industries in an area, relative to the wider region. LQ shows the percentage of the local economy characteristic (eg. employment, value add) in a particular industry divided by the percentage of the wider area (region, state, nation) that this industry makes up.

  • Where LQ=1, that industry is exactly as prevalent as in the wider region.
  • A LQ greater than 1.2 indicates a significant specialisation of the industry in the local area – possibly a key economic strength. Higher numbers mean greater specialisations. Anything over 2 is a major specialisation.
  • A LQ between 0.8 and 1.2 means the industry is broadly similar in importance in the local area compared to the comparison region and could be seen as representative.
  • An LQ under 0.8 indicates an industry which is more important in the region than the local area, and may represent an economic weakness or opportunity for growth.

LQs should be analysed in combination with the proportional economic share that industry represents. For example, an industry with an LQ of 2 reveals a specialisation but if that industry only represents 3% of the local economy, it may not be significant. Compare with the figures on the Employment by industry (Total), Employment by industry (FTE), Value added pages for this context.

National Economics (NIEIR) - Modelled series

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Location quotient
Gladstone Regional Council area - Output2017/182012/13Change
Industry
(Click rows to view sub-categories)
%Queensland %Location Quotient (Queensland)%Queensland %Location Quotient (Queensland)2012/13 to 2017/18
Agriculture, Forestry and Fishing1.93.50.540.83.10.28+0.95
Mining10.78.51.261.95.90.33+2.88
Manufacturing21.89.92.2122.112.21.81+0.22
Electricity, Gas, Water and Waste Services8.43.92.155.44.51.19+0.81
Construction12.413.40.9241.918.72.24-0.59
Wholesale Trade3.33.80.881.74.00.44+1.01
Retail Trade3.44.00.871.83.80.47+0.86
Accommodation and Food Services1.82.90.631.22.70.45+0.41
Transport, Postal and Warehousing11.06.61.688.07.31.10+0.52
Information Media and Telecommunications0.31.80.160.21.40.14+0.19
Financial and Insurance Services1.35.60.240.84.70.17+0.43
Rental, Hiring and Real Estate Services5.410.80.503.99.80.40+0.24
Professional, Scientific and Technical Services5.25.90.883.75.40.70+0.27
Administrative and Support Services1.72.80.581.02.10.47+0.25
Public Administration and Safety2.95.00.581.54.50.34+0.73
Education and Training2.53.60.701.33.10.43+0.64
Health Care and Social Assistance4.25.10.811.33.70.35+1.30
Arts and Recreation Services0.31.00.290.21.00.16+0.79
Other Services1.52.10.721.12.10.52+0.37

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. Compiled and presented in economy.id by .id , the population experts.

NIEIR-ID data are adjusted each year, using updated employment estimates. Each release may change previous years’ figures.Learn more

Location quotient by industry sector 2017/18
Location quotient by industry sector 2017/18 Agriculture, Forestry and Fishing for Gladstone Regional Council area relative to Queensland location quotient: 0.54 Mining for Gladstone Regional Council area relative to Queensland location quotient: 1.26 Manufacturing for Gladstone Regional Council area relative to Queensland location quotient: 2.21 Electricity, Gas, Water and Waste Services for Gladstone Regional Council area relative to Queensland location quotient: 2.15 Construction for Gladstone Regional Council area relative to Queensland location quotient: 0.92 Wholesale Trade for Gladstone Regional Council area relative to Queensland location quotient: 0.88 Retail Trade for Gladstone Regional Council area relative to Queensland location quotient: 0.87 Accommodation and Food Services for Gladstone Regional Council area relative to Queensland location quotient: 0.63 Transport, Postal and Warehousing for Gladstone Regional Council area relative to Queensland location quotient: 1.68 Information Media and Telecommunications for Gladstone Regional Council area relative to Queensland location quotient: 0.16 Financial and Insurance Services for Gladstone Regional Council area relative to Queensland location quotient: 0.24 Rental, Hiring and Real Estate Services for Gladstone Regional Council area relative to Queensland location quotient: 0.50 Professional, Scientific and Technical Services for Gladstone Regional Council area relative to Queensland location quotient: 0.88 Administrative and Support Services for Gladstone Regional Council area relative to Queensland location quotient: 0.58 Public Administration and Safety for Gladstone Regional Council area relative to Queensland location quotient: 0.58 Education and Training for Gladstone Regional Council area relative to Queensland location quotient: 0.70 Health Care and Social Assistance for Gladstone Regional Council area relative to Queensland location quotient: 0.81 Arts and Recreation Services for Gladstone Regional Council area relative to Queensland location quotient: 0.29 Other Services for Gladstone Regional Council area relative to Queensland location quotient: 0.72
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts
Change in LQ by industry sector, 2012/13 to 2017/18
Change in LQ by industry sector, 2012/13 to 2017/18 Agriculture, Forestry and Fishing, Change: 0.95 Mining, Change: 2.88 Manufacturing, Change: 0.22 Electricity, Gas, Water and Waste Services, Change: 0.81 Construction, Change: -0.59 Wholesale Trade, Change: 1.01 Retail Trade, Change: 0.86 Accommodation and Food Services, Change: 0.41 Transport, Postal and Warehousing, Change: 0.52 Information Media and Telecommunications, Change: 0.19 Financial and Insurance Services, Change: 0.43 Rental, Hiring and Real Estate Services, Change: 0.24 Professional, Scientific and Technical Services, Change: 0.27 Administrative and Support Services, Change: 0.25 Public Administration and Safety, Change: 0.73 Education and Training, Change: 0.64 Health Care and Social Assistance, Change: 1.30 Arts and Recreation Services, Change: 0.79 Other Services, Change: 0.37
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

Dominant groups

A location quotient of greater than 1.2 is generally considered a level of industry specialisation, while a LQ of 0.8 or less indicates an industry which doesn’t have a major presence in the area.

An analysis of output in Gladstone Regional Council area in 2017/18 shows the three industries with the highest location quotient relative to Queensland were:

  • Manufacturing (2.2)
  • Electricity, Gas, Water and Waste Services (2.2)
  • Transport, Postal and Warehousing (1.7)

The three industries with the lowest location quotient relative to Queensland were:

  • Information Media and Telecommunications (0.2)
  • Financial and Insurance Services (0.2)
  • Arts and Recreation Services (0.3)

Emerging groups

Changes in location quotients over time reveal emerging or declining industry specialisations.

The largest changes in the output LQ between 2012/13 and 2017/18 in Gladstone Regional Council area were for these industries:

  • Mining (+2.9)
  • Health Care and Social Assistance (+1.3)
  • Wholesale Trade (+1.0)
  • Agriculture, Forestry and Fishing (+1.0)

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