Parkes ShireEconomic profile
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Parkes Shire

Output

In Parkes Shire, Construction had the largest output by industry, generating $328 million in 2017/18.

Output by industry is a gross measure of the total sales of each industry sector in Parkes Shire. It does not measure how productive each industry sector is at producing this output - which is measured by value added.

By comparing the output of each industry sector to a regional benchmark, you can clearly see the structure of Parkes Shire’s economy. This can be done by directly comparing the percentage contribution of each industry to the total output, relative to the benchmark, or by using a location quotient, where a number greater than one indicates a high concentration of that industry and less than one indicates a lower concentration.

To get the full picture how each industry sector contributes to the regional or state economy, output data should be viewed alongside the other industry characteristics in the Industry sector analysis section.

Detailed data notes about how the figures are derived can be found in the specific topic notes section.

The gross measure of output includes the value of all the inputs to each industry.

National Economics (NIEIR) - Modelled series

Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.
Output by industry sector
Parkes Shire - Constant prices2017/182012/13Change
Industry
(Click rows to view sub-categories)
$m%New South Wales%$m%New South Wales%2012/13 to 2017/18
Agriculture, Forestry and Fishing158.79.71.8179.011.92.3-20.3
Mining244.515.02.089.55.92.2+155.0
Manufacturing62.53.89.1110.87.411.3-48.2
Electricity, Gas, Water and Waste Services47.12.92.572.94.84.4-25.8
Construction328.320.211.3409.227.210.8-81.0
Wholesale Trade33.32.04.942.12.84.5-8.8
Retail Trade55.73.44.061.94.14.0-6.2
Accommodation and Food Services58.43.63.142.82.82.8+15.6
Transport, Postal and Warehousing142.28.76.1112.17.46.7+30.1
Information Media and Telecommunications5.30.34.310.80.73.8-5.4
Financial and Insurance Services35.82.210.725.81.710.1+10.0
Rental, Hiring and Real Estate Services61.73.814.050.23.311.9+11.5
Professional, Scientific and Technical Services26.61.68.729.82.07.6-3.2
Administrative and Support Services18.91.23.025.51.73.1-6.6
Public Administration and Safety147.99.14.295.76.44.4+52.2
Education and Training46.72.93.443.22.93.3+3.5
Health Care and Social Assistance89.55.54.159.43.93.8+30.1
Arts and Recreation Services7.10.41.14.60.31.0+2.4
Other Services57.93.61.741.42.72.0+16.5

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

Output by industry sector 2017/18
Output by industry sector 2017/18 Agriculture, Forestry and Fishing, New South Wales: 1.8% Mining, New South Wales: 2.0% Manufacturing, New South Wales: 9.1% Electricity, Gas, Water and Waste Services, New South Wales: 2.5% Construction, New South Wales: 11.3% Wholesale Trade, New South Wales: 4.9% Retail Trade, New South Wales: 4.0% Accommodation and Food Services, New South Wales: 3.1% Transport, Postal and Warehousing, New South Wales: 6.1% Information Media and Telecommunications, New South Wales: 4.3% Financial and Insurance Services, New South Wales: 10.7% Rental, Hiring and Real Estate Services, New South Wales: 14.0% Professional, Scientific and Technical Services, New South Wales: 8.7% Administrative and Support Services, New South Wales: 3.0% Public Administration and Safety, New South Wales: 4.2% Education and Training, New South Wales: 3.4% Health Care and Social Assistance, New South Wales: 4.1% Arts and Recreation Services, New South Wales: 1.1% Other Services, New South Wales: 1.7% Agriculture, Forestry and Fishing, Parkes Shire: 9.7% Mining, Parkes Shire: 15.0% Manufacturing, Parkes Shire: 3.8% Electricity, Gas, Water and Waste Services, Parkes Shire: 2.9% Construction, Parkes Shire: 20.2% Wholesale Trade, Parkes Shire: 2.0% Retail Trade, Parkes Shire: 3.4% Accommodation and Food Services, Parkes Shire: 3.6% Transport, Postal and Warehousing, Parkes Shire: 8.7% Information Media and Telecommunications, Parkes Shire: 0.3% Financial and Insurance Services, Parkes Shire: 2.2% Rental, Hiring and Real Estate Services, Parkes Shire: 3.8% Professional, Scientific and Technical Services, Parkes Shire: 1.6% Administrative and Support Services, Parkes Shire: 1.2% Public Administration and Safety, Parkes Shire: 9.1% Education and Training, Parkes Shire: 2.9% Health Care and Social Assistance, Parkes Shire: 5.5% Arts and Recreation Services, Parkes Shire: 0.4% Other Services, Parkes Shire: 3.6%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts
Change in output by industry sector, 2012/13 to 2017/18
Change in output by industry sector, 2012/13 to 2017/18 Agriculture, Forestry and Fishing, Parkes Shire: -$20.3 million Mining, Parkes Shire: +$155.0 million Manufacturing, Parkes Shire: -$48.2 million Electricity, Gas, Water and Waste Services, Parkes Shire: -$25.8 million Construction, Parkes Shire: -$81.0 million Wholesale Trade, Parkes Shire: -$8.8 million Retail Trade, Parkes Shire: -$6.2 million Accommodation and Food Services, Parkes Shire: +$15.6 million Transport, Postal and Warehousing, Parkes Shire: +$30.1 million Information Media and Telecommunications, Parkes Shire: -$5.4 million Financial and Insurance Services, Parkes Shire: +$10.0 million Rental, Hiring and Real Estate Services, Parkes Shire: +$11.5 million Professional, Scientific and Technical Services, Parkes Shire: -$3.2 million Administrative and Support Services, Parkes Shire: -$6.6 million Public Administration and Safety, Parkes Shire: +$52.2 million Education and Training, Parkes Shire: +$3.5 million Health Care and Social Assistance, Parkes Shire: +$30.1 million Arts and Recreation Services, Parkes Shire: +$2.4 million Other Services, Parkes Shire: +$16.5 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the output by industry sectors in Parkes Shire in 2017/18 shows the three largest industries were:

  • Construction (328 million or 20.2%)
  • Mining (244 million or 15.0%)
  • Agriculture, Forestry and Fishing (159 million or 9.7%)

In combination these three industries accounted for $731 million in total or 44.9% of the total output by total industry in Parkes Shire.

In comparison, the same 3 industries in New South Wales accounted for 11.3% in Construction; 2.0% in Mining; and 1.8% in Agriculture, Forestry and Fishing.

The major differences between output by industries in Parkes Shire and New South Wales were:

  • A larger percentage of output by Mining (15.0% compared to 2.0%)
  • A larger percentage of output by Construction (20.2% compared to 11.3%)
  • A smaller percentage of output by Rental, Hiring and Real Estate Services (3.8% compared to 14.0%)
  • A smaller percentage of output by Financial and Insurance Services (2.2% compared to 10.7%)

Emerging groups

The total industry output in Parkes Shire increased by $121.4 million between 2012/13 and 2017/18.

The largest changes in the output by industries between 2012/13 and 2017/18 in Parkes Shire were for:

  • Mining (+$155 million)
  • Construction (-$81 million)
  • Public Administration and Safety (+$52 million)

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