City of Launceston
In the City of Launceston, Construction had the highest local sales, generating $561 million in 2017/18.
Local sales by industry measures the output of local industries that is sold locally. This includes sales to local consumers, businesses and other organisations.
To get the full picture how each industry sector contributes to the regional or state economy, local sales data should be viewed alongside the other industry characteristics in the Industry sector analysis section.
Detailed notes about how the figures are derived can be found in the specific topic notes section.
National Economics (NIEIR) - Modelled series
|Local sales by industry sector|
|City of Launceston - Constant prices||2017/18||2003/04||Change|
|Industry (Click rows to view sub-categories)||$m||%||Greater Hobart%||$m||%||Greater Hobart%||2003/04 to 2017/18|
|Agriculture, Forestry and Fishing||104.2||2.3||2.1||73.5||1.7||1.2||+30.7||23000||P|
|Electricity, Gas, Water and Waste Services||198.3||4.4||5.2||258.6||6.0||8.6||-60.3||23300||P|
|Accommodation and Food Services||173.9||3.9||3.4||159.5||3.7||3.4||+14.5||23700||P|
|Transport, Postal and Warehousing||229.2||5.1||4.5||305.5||7.1||6.1||-76.4||23800||P|
|Information Media and Telecommunications||209.9||4.7||4.5||151.5||3.5||2.9||+58.4||23900||P|
|Financial and Insurance Services||482.2||10.8||8.4||308.9||7.1||5.5||+173.3||24000||P|
|Rental, Hiring and Real Estate Services||206.5||4.6||4.5||164.4||3.8||4.4||+42.0||24100||P|
|Professional, Scientific and Technical Services||267.5||6.0||7.6||213.4||4.9||5.2||+54.0||24200||P|
|Administrative and Support Services||115.2||2.6||3.3||145.5||3.4||2.7||-30.2||24300||P|
|Public Administration and Safety||291.7||6.5||6.4||274.3||6.3||6.7||+17.4||24400||P|
|Education and Training||190.0||4.2||4.5||207.9||4.8||5.0||-17.9||24500||P|
|Health Care and Social Assistance||386.7||8.6||6.5||209.8||4.9||3.5||+176.9||24600||P|
|Arts and Recreation Services||57.3||1.3||1.2||42.8||1.0||1.1||+14.5||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 City of Launceston in 2017/18 shows the three largest industries were:
- Construction (561 people or 12.5%)
- Financial and Insurance Services (482 people or 10.8%)
- Health Care and Social Assistance (387 people or 8.6%)
In combination these three industries accounted for $1,430 million in total or 31.9% of the total local sales by total industry in the City of Launceston.
In comparison, the same 3 industries in Greater Hobart accounted for 18.6% in Construction; 8.4% in Financial and Insurance Services; and 6.5% in Health Care and Social Assistance.
The major differences between local sales by industries in the City of Launceston and Greater Hobart were:
- A larger percentage of local sales by Financial and Insurance Services (10.8% compared to 8.4%)
- A larger percentage of local sales by Health Care and Social Assistance (8.6% compared to 6.5%)
- A smaller percentage of local sales by Construction (12.5% compared to 18.6%)
- A smaller percentage of local sales by Professional, Scientific and Technical Services (6.0% compared to 7.6%)
The total local sales by industry in the City of Launceston increased by $160.7 million between 2003/04 and 2017/18.
The largest changes in the local sales by industries between 2003/04 and 2017/18 in the City of Launceston were for:
- Manufacturing (-$241 million)
- Health Care and Social Assistance (+$177 million)
- Financial and Insurance Services (+$173 million)
- Transport, Postal and Warehousing (-$76 million)