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
Current benchmark:
Comparison year:
| Local sales by industry sector | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| North Sydney Council area - Constant prices | 2022/23 | 2017/18 | Change | ||||||
| Industry | $m | % | New South Wales | $m | % | New South Wales | 2017/18 - 2022/23 | ||
| Agriculture, Forestry and Fishing | 42.0 | 0.2 | 1.4 | 54.0 | 0.3 | 1.4 | -12.0 | ||
| Mining | 90.1 | 0.4 | 1.7 | 57.9 | 0.3 | 3.8 | +32.1 | ||
| Manufacturing | 659.0 | 2.7 | 6.5 | 737.4 | 3.6 | 7.3 | -78.5 | ||
| Electricity, Gas, Water and Waste Services | 330.5 | 1.3 | 2.9 | 638.7 | 3.1 | 2.9 | -308.2 | ||
| Construction | 5,908.0 | 24.1 | 21.4 | 4,639.3 | 22.4 | 22.0 | +1,268.7 | ||
| Wholesale Trade | 668.2 | 2.7 | 3.4 | 671.8 | 3.2 | 4.0 | -3.5 | ||
| Retail Trade | 631.7 | 2.6 | 4.7 | 523.8 | 2.5 | 5.0 | +107.9 | ||
| Accommodation and Food Services | 520.2 | 2.1 | 3.5 | 566.9 | 2.7 | 3.5 | -46.7 | ||
| Transport, Postal and Warehousing | 549.4 | 2.2 | 5.8 | 637.9 | 3.1 | 4.9 | -88.5 | ||
| Information Media and Telecommunications | 2,144.2 | 8.7 | 3.3 | 1,183.3 | 5.7 | 2.4 | +960.9 | ||
| Financial and Insurance Services | 2,073.4 | 8.4 | 5.5 | 2,075.9 | 10.0 | 5.4 | -2.4 | ||
| Rental, Hiring and Real Estate Services | 2,889.2 | 11.8 | 9.1 | 2,539.0 | 12.3 | 9.5 | +350.1 | ||
| Professional, Scientific and Technical Services | 4,735.3 | 19.3 | 9.5 | 3,502.7 | 16.9 | 8.7 | +1,232.6 | ||
| Administrative and Support Services | 1,347.9 | 5.5 | 4.3 | 1,111.0 | 5.4 | 4.0 | +236.9 | ||
| Public Administration and Safety | 570.3 | 2.3 | 3.7 | 490.6 | 2.4 | 3.2 | +79.8 | ||
| Education and Training | 343.5 | 1.4 | 3.6 | 303.0 | 1.5 | 3.0 | +40.6 | ||
| Health Care and Social Assistance | 609.2 | 2.5 | 6.6 | 508.3 | 2.5 | 5.6 | +100.9 | ||
| Arts and Recreation Services | 259.1 | 1.1 | 1.1 | 258.8 | 1.2 | 1.1 | +0.3 | ||
| Other Services | 183.7 | 0.7 | 2.1 | 216.3 | 1.0 | 2.2 | -32.7 | ||
| Total industries | 24,554.9 | 100.0 | 100.0 | 20,716.6 | 100.0 | 100.0 | +3,838.4 | ||
Source: National Institute of Economic and Industry Research (NIEIR) ©2024. ©2023. 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 2020/21 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 | |||||||||
Dominant groups
An analysis of the local sales by industry sectors in North Sydney Council area in 2022/23 shows the three largest industries were:
- Construction ($5,908million or 24.1%)
- Professional, Scientific and Technical Services ($4,735million or 19.3%)
- Rental, Hiring and Real Estate Services ($2,889million or 11.8%)
In combination these three industries accounted for $13,532 million in total or 55.1% of the total local sales by total industry in the North Sydney Council area.
In comparison, the same 3 industries in New South Wales accounted for 21.4% in Construction; 9.5% in Professional, Scientific and Technical Services and 9.1% in Rental, Hiring and Real Estate Services.
The major differences between local sales by industries of North Sydney Council area and New South Wales were:
- A larger percentage of local sales by Professional, Scientific and Technical Services (19.3% compared to 9.5%)
- A larger percentage of local sales by Information Media and Telecommunications (8.7% compared to 3.3%)
- A smaller percentage of local sales by Health Care and Social Assistance (2.5% compared to 6.6%)
- A smaller percentage of local sales by Manufacturing (2.7% compared to 6.5%)
Emerging groups
The total local sales by industry in North Sydney Council area $increased by 3,838 million between 2017/18 and 2022/23.
The largest changes in the local sales by industries between 2017/18 and 2022/23 in North Sydney Council area were for:
- Construction (+$1,269 million)
- Professional, Scientific and Technical Services (+$1,233 million)
- Information Media and Telecommunications (+$961 million)
- Rental, Hiring and Real Estate Services (+$350 million)