Sutherland Shire boasts a healthy service-led economy characterised by a robust small business sector and low levels of unemployment.
Value added by industry is an indicator of business productivity in Sutherland Shire. It shows how productive each industry sector is at increasing the value of its inputs. It is a more refined measure of the productivity of an industry sector than output (total gross revenue), as some industries have high levels of output but require large amounts of input expenditure to achieve that.
An analysis of the valued added by industry sectors in Sutherland Shire in 2018/19 shows the three largest industries were:
- Construction ($943 million or 11.2%)
- Professional, Scientific and Technical Services ($941 million or 11.2%)
- Health Care and Social Assistance ($871 million or 10.3%)
In combination these three industries accounted for $2,755 million in total or 32.7% of the total value added by industry in Sutherland Shire.
In comparison, the same 3 industries in Greater Sydney accounted for 7.9% in Construction; 11.2% in Professional, Scientific and Technical Services; and 6.9% in Health Care and Social Assistance.
The major differences between the value added by industries of Sutherland Shire and Greater Sydney were:
- A larger percentage of value added by Retail Trade (9.5% compared to 4.9%)
- A larger percentage of value added by Health Care and Social Assistance (10.3% compared to 6.9%)
Enquiries can be directed to Business & Tourism Unit on 9710 0893 or email@example.com