In the Inner West Council area, Rental, Hiring and Real Estate Services had the highest local sales, generating $2,971 million in 2018/19.
Local sales by industry measures the output of local industries that is sold locally. This includes sales to local consumers, businesses and other organisations.
To get the full picture how each industry sector contributes to the regional or state economy, local sales data should be viewed alongside the other industry characteristics in the Industry sector analysis section.
Detailed notes about how the figures are derived can be found in the specific topic notes section.
National Economics (NIEIR) - Modelled series
|Local sales by industry sector|
|Inner West Council area - Constant prices||2018/19||2016/17||Change|
|Industry||$m||%||New South Wales||$m||%||New South Wales||2016/17 - 2018/19|
|Agriculture, Forestry and Fishing||39.9||0.3||1.3||33.5||0.2||1.6||+6.4|
|Electricity, Gas, Water and Waste Services||55.2||0.4||2.8||45.2||0.3||2.9||+10.0|
|Accommodation and Food Services||771.9||5.4||3.0||670.8||4.8||3.0||+101.1|
|Transport, Postal and Warehousing||717.1||5.0||3.9||710.9||5.1||4.2||+6.2|
|Information Media and Telecommunications||320.2||2.2||3.1||338.7||2.4||3.3||-18.5|
|Financial and Insurance Services||709.8||4.9||6.6||696.5||5.0||6.6||+13.3|
|Rental, Hiring and Real Estate Services||2,971.3||20.7||19.2||2,942.4||21.0||18.8||+28.9|
|Professional, Scientific and Technical Services||1,193.5||8.3||8.4||1,166.7||8.3||8.2||+26.8|
|Administrative and Support Services||510.9||3.6||3.8||481.6||3.4||3.7||+29.4|
|Public Administration and Safety||655.4||4.6||3.4||652.8||4.7||3.4||+2.6|
|Education and Training||467.6||3.3||3.2||449.3||3.2||3.3||+18.3|
|Health Care and Social Assistance||817.0||5.7||5.4||747.3||5.3||5.2||+69.7|
|Arts and Recreation Services||137.9||1.0||1.0||135.0||1.0||1.0||+3.0|
Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in economy.id by .id informed decisions NIEIR-ID data are adjusted each year, using updated employment estimates. .id informed decisions. 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 the Inner West Council area in 2018/19 shows the three largest industries were:
- Rental, Hiring and Real Estate Services ($2,971million or 20.7%)
- Construction ($2,334million or 16.3%)
- Professional, Scientific and Technical Services ($1,193million or 8.3%)
In combination these three industries accounted for $6,499 million in total or 45.3% of the total local sales by total industry in the the Inner West Council area.
In comparison, the same 3 industries in New South Wales accounted for 19.2% in Rental, Hiring and Real Estate Services; 19.7% in Construction and 8.4% in Professional, Scientific and Technical Services.
The major differences between local sales by industries of the Inner West Council area and New South Wales were:
- A smaller percentage of local sales by Construction (16.3% compared to 19.7%)
- A smaller percentage of local sales by Electricity, Gas, Water and Waste Services (0.4% compared to 2.8%)
- A larger percentage of local sales by Accommodation and Food Services (5.4% compared to 3.0%)
- A larger percentage of local sales by Retail Trade (5.8% compared to 4.2%)
The total local sales by industry in the Inner West Council area $increased by 335 million between 2016/17 and 2018/19.
The largest changes in the local sales by industries between 2016/17 and 2018/19 in the Inner West Council area were for:
- Accommodation and Food Services (+$101 million)
- Health Care and Social Assistance (+$70 million)
- Manufacturing (-$30 million)
- Administrative and Support Services (+$29 million)