Inner West Council area
In the Inner West Council area, Rental, Hiring and Real Estate Services had the highest local sales, generating $3,400 million in 2017/18.
Local sales by industry measures the output of local industries that is sold locally. This includes sales to local consumers, businesses and other organisations.
To get the full picture how each industry sector contributes to the regional or state economy, local sales data should be viewed alongside the other industry characteristics in the Industry sector analysis section.
Detailed notes about how the figures are derived can be found in the specific topic notes section.
National Economics (NIEIR) - Modelled series
|Local sales by industry sector|
|Inner West Council area - Constant prices||2017/18||2016/17||Change|
|Industry (Click rows to view sub-categories)||$m||%||New South Wales%||$m||%||New South Wales%||2016/17 to 2017/18|
|Agriculture, Forestry and Fishing||34.8||0.2||1.2||48.6||0.3||1.6||-13.8||23000||P|
|Electricity, Gas, Water and Waste Services||33.2||0.2||2.6||30.0||0.2||2.7||+3.2||23300||P|
|Accommodation and Food Services||590.3||4.2||3.1||566.0||4.0||2.9||+24.3||23700||P|
|Transport, Postal and Warehousing||779.2||5.5||4.3||818.3||5.8||4.3||-39.1||23800||P|
|Information Media and Telecommunications||330.1||2.3||3.0||319.7||2.2||3.0||+10.4||23900||P|
|Financial and Insurance Services||752.0||5.3||7.1||742.9||5.2||6.8||+9.1||24000||P|
|Rental, Hiring and Real Estate Services||3,399.8||24.0||20.8||3,568.7||25.1||21.1||-168.9||24100||P|
|Professional, Scientific and Technical Services||1,125.9||8.0||8.3||1,138.3||8.0||8.0||-12.4||24200||P|
|Administrative and Support Services||455.0||3.2||3.4||459.8||3.2||3.4||-4.8||24300||P|
|Public Administration and Safety||744.7||5.3||3.7||757.3||5.3||3.6||-12.7||24400||P|
|Education and Training||458.3||3.2||3.1||447.3||3.1||3.1||+11.0||24500||P|
|Health Care and Social Assistance||666.7||4.7||4.4||646.5||4.5||4.3||+20.1||24600||P|
|Arts and Recreation Services||167.7||1.2||1.0||158.3||1.1||1.0||+9.3||24700||P|
Source: National Institute of Economic and Industry Research (NIEIR) (opens a new window) ©2018. Compiled and presented in economy.id by .id (opens a new window), 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
An analysis of the local sales by industry sectors in Inner West Council area in 2017/18 shows the three largest industries were:
- Rental, Hiring and Real Estate Services (3,400 people or 24.0%)
- Construction (1,903 people or 13.4%)
- Professional, Scientific and Technical Services (1,126 people or 8.0%)
In combination these three industries accounted for $6,429 million in total or 45.4% of the total local sales by total industry in the Inner West Council area.
In comparison, the same 3 industries in New South Wales accounted for 20.8% in Rental, Hiring and Real Estate Services; 17.1% in Construction; and 8.3% in Professional, Scientific and Technical Services.
The major differences between local sales by industries in the Inner West Council area and New South Wales were:
- A larger percentage of local sales by Rental, Hiring and Real Estate Services (24.0% compared to 20.8%)
- A smaller percentage of local sales by Construction (13.4% compared to 17.1%)
- A smaller percentage of local sales by Electricity, Gas, Water and Waste Services (0.2% compared to 2.6%)
- A smaller percentage of local sales by Financial and Insurance Services (5.3% compared to 7.1%)
The total local sales by industry in the Inner West Council area decreased by $57.6 million between 2016/17 and 2017/18.
The largest change in local sales by industries between 2016/17 and 2017/18 in the Inner West Council area was for:
- Rental, Hiring and Real Estate Services (-$169 million)