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Sunshine Coast Council area

Location quotient by industry

In 2017/18, Financial and Insurance Services was a major specialisation in Sunshine Coast Council area in terms of Employment (Total).

The location quotient is a simple way of seeing which are the main industries in an area, relative to the wider region. LQ shows the percentage of the local economy characteristic (eg. employment, value add) in a particular industry divided by the percentage of the wider area (region, state, nation) that this industry makes up.

  • Where LQ=1, that industry is exactly as prevalent as in the wider region.
  • A LQ greater than 1.2 indicates a significant specialisation of the industry in the local area – possibly a key economic strength. Higher numbers mean greater specialisations. Anything over 2 is a major specialisation.
  • A LQ between 0.8 and 1.2 means the industry is broadly similar in importance in the local area compared to the comparison region and could be seen as representative.
  • An LQ under 0.8 indicates an industry which is more important in the region than the local area, and may represent an economic weakness or opportunity for growth.

LQs should be analysed in combination with the proportional economic share that industry represents. For example, an industry with an LQ of 2 reveals a specialisation but if that industry only represents 3% of the local economy, it may not be significant. Compare with the figures on the Employment by industry (Total), Employment by industry (FTE), Value added pages for this context.

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.
Location quotient
Sunshine Coast Council area - Employment (Total)2017/182012/13Change
Industry
(Click rows to view sub-categories)
%Regional QLD %Location Quotient (Regional QLD)%Regional QLD %Location Quotient (Regional QLD)2012/13 to 2017/18
Agriculture, Forestry and Fishing2.14.90.432.24.80.45-0.04
Mining0.24.10.060.44.40.09-0.31
Manufacturing5.16.20.836.37.00.90-0.08
Electricity, Gas, Water and Waste Services0.71.20.651.01.40.69-0.07
Construction14.010.21.3810.310.90.95+0.46
Wholesale Trade1.72.10.812.82.90.96-0.16
Retail Trade11.210.51.0613.110.91.20-0.11
Accommodation and Food Services8.78.61.019.28.11.14-0.11
Transport, Postal and Warehousing3.24.40.743.44.60.73+0.01
Information Media and Telecommunications1.11.01.061.41.21.14-0.07
Financial and Insurance Services3.21.81.783.01.91.56+0.15
Rental, Hiring and Real Estate Services2.11.91.112.72.11.30-0.15
Professional, Scientific and Technical Services5.54.51.225.94.61.28-0.04
Administrative and Support Services4.03.61.113.73.31.13-0.01
Public Administration and Safety3.85.80.664.15.70.72-0.08
Education and Training10.09.61.059.08.31.09-0.03
Health Care and Social Assistance17.413.81.2615.211.91.28-0.01
Arts and Recreation Services1.91.91.042.01.81.11-0.06
Other Services3.84.00.944.34.11.06-0.11

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

NIEIR-ID data are adjusted each year, using updated employment estimates. Each release may change previous years’ figures.Learn more
Location quotient is the percentage of total in the area relative to the same percentage in the selected benchmark area.

Location quotient by industry sector 2017/18
Location quotient by industry sector 2017/18 Agriculture, Forestry and Fishing for Sunshine Coast Council area relative to Regional QLD location quotient: 0.43 Mining for Sunshine Coast Council area relative to Regional QLD location quotient: 0.06 Manufacturing for Sunshine Coast Council area relative to Regional QLD location quotient: 0.83 Electricity, Gas, Water and Waste Services for Sunshine Coast Council area relative to Regional QLD location quotient: 0.65 Construction for Sunshine Coast Council area relative to Regional QLD location quotient: 1.38 Wholesale Trade for Sunshine Coast Council area relative to Regional QLD location quotient: 0.81 Retail Trade for Sunshine Coast Council area relative to Regional QLD location quotient: 1.06 Accommodation and Food Services for Sunshine Coast Council area relative to Regional QLD location quotient: 1.01 Transport, Postal and Warehousing for Sunshine Coast Council area relative to Regional QLD location quotient: 0.74 Information Media and Telecommunications for Sunshine Coast Council area relative to Regional QLD location quotient: 1.06 Financial and Insurance Services for Sunshine Coast Council area relative to Regional QLD location quotient: 1.78 Rental, Hiring and Real Estate Services for Sunshine Coast Council area relative to Regional QLD location quotient: 1.11 Professional, Scientific and Technical Services for Sunshine Coast Council area relative to Regional QLD location quotient: 1.22 Administrative and Support Services for Sunshine Coast Council area relative to Regional QLD location quotient: 1.11 Public Administration and Safety for Sunshine Coast Council area relative to Regional QLD location quotient: 0.66 Education and Training for Sunshine Coast Council area relative to Regional QLD location quotient: 1.05 Health Care and Social Assistance for Sunshine Coast Council area relative to Regional QLD location quotient: 1.26 Arts and Recreation Services for Sunshine Coast Council area relative to Regional QLD location quotient: 1.04 Other Services for Sunshine Coast Council area relative to Regional QLD location quotient: 0.94
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts
Change in LQ by industry sector, 2012/13 to 2017/18
Change in LQ by industry sector, 2012/13 to 2017/18 Agriculture, Forestry and Fishing, Change: -0.04 Mining, Change: -0.31 Manufacturing, Change: -0.08 Electricity, Gas, Water and Waste Services, Change: -0.07 Construction, Change: 0.46 Wholesale Trade, Change: -0.16 Retail Trade, Change: -0.11 Accommodation and Food Services, Change: -0.11 Transport, Postal and Warehousing, Change: 0.01 Information Media and Telecommunications, Change: -0.07 Financial and Insurance Services, Change: 0.15 Rental, Hiring and Real Estate Services, Change: -0.15 Professional, Scientific and Technical Services, Change: -0.04 Administrative and Support Services, Change: -0.01 Public Administration and Safety, Change: -0.08 Education and Training, Change: -0.03 Health Care and Social Assistance, Change: -0.01 Arts and Recreation Services, Change: -0.06 Other Services, Change: -0.11
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

Dominant groups

A location quotient of greater than 1.2 is generally considered a level of industry specialisation, while a LQ of 0.8 or less indicates an industry which doesn’t have a major presence in the area.

An analysis of employment (Total) in Sunshine Coast Council area in 2017/18 shows the three industries with the highest location quotient relative to Regional QLD were:

  • Financial and Insurance Services (1.8)
  • Construction (1.4)
  • Health Care and Social Assistance (1.3)

The three industries with the lowest location quotient relative to Regional QLD were:

  • Mining (0.1)
  • Agriculture, Forestry and Fishing (0.4)
  • Electricity, Gas, Water and Waste Services (0.6)

Emerging groups

Changes in location quotients over time reveal emerging or declining industry specialisations.

The largest changes in the employment (Total) LQ between 2012/13 and 2017/18 in Sunshine Coast Council area were for these industries:

  • Construction (+0.5)
  • Mining (-0.3)
  • Wholesale Trade (-0.2)
  • Rental, Hiring and Real Estate Services (-0.1)

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