Monthly Business Turnover Indicator

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Experimental indicator of business turnover derived from monthly Business Activity Statements

Reference period

August 2021

Released

15/10/2021

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Key statistics

In seasonally adjusted terms, the monthly business turnover indicator showed:

Moderate increases for most selected industries in August 2021.
The largest rises were in Transport, postal and warehousing (2.8%) and Professional, scientific and technical services (2.7%).
Accommodation and food services fell 6.5% in August 2021, following a 16.6% fall in July 2021.
Mining was relatively unchanged in August 2021 (up 0.1%), after a 4.6% rise in July 2021.

This experimental indicator is derived from Australian Taxation Office (ATO) Business Activity Statements (BAS) turnover data from monthly BAS remitters. It includes 13 of the 19 industry divisions classified according to the Australian and New Zealand Standard Industrial Classification (ANZSIC), 2006.
Monthly BAS reporting covers businesses with GST annual turnover of $20 million or more and a proportion of smaller businesses that report monthly on a voluntary basis.
For further information see Methodology.

Business turnover indicator, monthly change, seasonally adjusted
	July 2021 (%)	August 2021 (%)
Mining	4.6	0.1
Manufacturing	1.2	0.9
Electricity, gas, water and waste services	1.1	-0.1
Construction	-2.9	-0.1
Wholesale trade	0.6	1
Retail trade	-1.5	0.3
Accommodation and food services	-16.6	-6.5
Transport, postal and warehousing	-3.3	2.8
Information media and telecommunications	-1.3	1
Professional, scientific and technical services	-0.7	2.7
Administrative and support services	-1.8	1.5
Arts and recreation services	3.3	-5.1
Other services	-2.2	-5.5

Business turnover indicator, monthly change, seasonally adjusted

["","July 2021","August 2021"]

[["Mining","Manufacturing","Electricity, gas, water and waste services","Construction","Wholesale trade","Retail trade","Accommodation and food services","Transport, postal and warehousing","Information media and telecommunications","Professional, scientific and technical services","Administrative and support services","Arts and recreation services","Other services"],[[4.5999999999999996],[1.2],[1.1000000000000001],[-2.8999999999999999],[0.59999999999999998],[-1.5],[-16.600000000000001],[-3.2999999999999998],[-1.3],[-0.69999999999999996],[-1.8],[3.2999999999999998],[-2.2000000000000002]],[[0.10000000000000001],[0.90000000000000002],[-0.10000000000000001],[-0.10000000000000001],[1],[0.29999999999999999],[-6.5],[2.7999999999999998],[1],[2.7000000000000002],[1.5],[-5.0999999999999996],[-5.5]]]

[]

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Industry

Total turnover differs between industries and this should be considered when analysing month-to-month movements to contextualise insights on overall economic activity. The chart below shows the monthly movements in the turnover indicator for August 2021 (represented by colour) and the selected industries' estimated share of total turnover for the 2019-20 financial year (represented by circle size).

Image

Chart showing the monthly movements in the turnover indicator for August 2021 (represented by colour) and the selected industries' estimated share of total turnover for the 2019-20 financial year (represented by circle size).

Description

The chart has 13 circles, one for each industry division included in the monthly business turnover indicator. The size of each circle represents the share of total business turnover for the 2019-20 financial year for that industry. The largest circles are for Wholesale trade, Retail trade, Manufacturing, Construction, and Mining. Circles are also given a colour shading to represent the monthly change in the Monthly Business Turnover Indicator for August 2021. Industries with negative movements are coloured orange, those with little or no movement are grey, and positive movements as blue. Manufacturing, Construction, and Mining. Wholesale trade and Manufacturing are blue-grey, denoting a moderate increase, while the other three are grey, denoting little change for August 2021. The industries with the greatest monthly increase are Transport, postal and warehousing; and Professional, scientific and technical services. Both are medium-sized industries based on their share of annual turnover for 2018-19. Three industries are orange, meaning a substantial negative monthly change in the indicator. These are Arts and recreation services, Other services, and Accommodation and food services, all of which are small industries based on their share of annual turnover.

Business turnover differs from the National Accounts concept of output. For example, the value of goods sold by wholesalers and subsequently retailers are reflected in turnover for both industries while National Accounts output measures the margins gained by each industry.

Industry analysis and charts

In seasonally adjusted terms, Accommodation and food services (-6.5%), Other services (-5.5%) and Arts and recreation services (-5.1%) recorded substantial decreases in August 2021. COVID-19 lockdowns and restrictions impacted the operations of businesses in these industries including cafes and restaurants, fitness centres and museums.

Retail trade (0.3%) and Construction (-0.1%) were relatively flat in August after COVID-19 restrictions led to falls in July 2021.

Mining was relatively unchanged in August 2021 (0.1%), maintaining elevated levels from strong growth in previous months linked to commodity prices.

Mining

Business turnover indicator, Mining, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Aug-19	100.1	0.1
Sep-19	98.3	-1.8
Oct-19	92.7	-5.7
Nov-19	92.6	-0.1
Dec-19	93.7	1.3
Jan-20	94.1	0.4
Feb-20	87.0	-7.6
Mar-20	96.1	10.5
Apr-20	101.1	5.1
May-20	88.6	-12.3
Jun-20	88.2	-0.4
Jul-20	81.9	-7.1
Aug-20	85.5	4.3
Sep-20	88.9	4.0
Oct-20	93.7	5.4
Nov-20	92.7	-1.0
Dec-20	97.4	5.0
Jan-21	101.2	3.9
Feb-21	102.2	1.0
Mar-21	102.6	0.4
Apr-21	110.3	7.5
May-21	117.2	6.3
Jun-21	119.9	2.3
Jul-21	125.4	4.6
Aug-21	125.4	0.1

Manufacturing

Business turnover indicator, Manufacturing, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Aug-19	101.4	1.4
Sep-19	102.5	1.1
Oct-19	102.2	-0.3
Nov-19	102.1	-0.1
Dec-19	103.7	1.5
Jan-20	103.6	0.0
Feb-20	101.8	-1.7
Mar-20	106.2	4.3
Apr-20	95.8	-9.8
May-20	92.7	-3.3
Jun-20	97.4	5.2
Jul-20	97.8	0.3
Aug-20	97.4	-0.4
Sep-20	95.8	-1.7
Oct-20	99.2	3.6
Nov-20	100.5	1.4
Dec-20	102.4	1.9
Jan-21	105.9	3.4
Feb-21	104.1	-1.7
Mar-21	100.6	-3.4
Apr-21	104.2	3.6
May-21	104.9	0.7
Jun-21	106.2	1.2
Jul-21	107.4	1.2
Aug-21	108.4	0.9

Electricity, gas, water and waste services

Business turnover indicator, Electricity, gas, water and waste services, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Aug-19	100.6	0.6
Sep-19	103.2	2.6
Oct-19	100.6	-2.6
Nov-19	103.2	2.6
Dec-19	99.8	-3.3
Jan-20	98.6	-1.2
Feb-20	108.5	10.0
Mar-20	100.8	-7.1
Apr-20	96.9	-3.8
May-20	90.6	-6.6
Jun-20	91.2	0.7
Jul-20	91.5	0.3
Aug-20	91.8	0.3
Sep-20	89.9	-2.0
Oct-20	90.5	0.6
Nov-20	89.7	-0.8
Dec-20	94.2	4.9
Jan-21	89.5	-5.0
Feb-21	89.2	-0.3
Mar-21	86.7	-2.8
Apr-21	92.7	7.0
May-21	95.7	3.2
Jun-21	102.6	7.2
Jul-21	103.7	1.1
Aug-21	103.6	-0.1

Construction

Business turnover indicator, Construction, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Aug-19	105.6	5.6
Sep-19	105.0	-0.6
Oct-19	104.5	-0.5
Nov-19	109.1	4.4
Dec-19	101.6	-6.9
Jan-20	102.7	1.2
Feb-20	101.9	-0.8
Mar-20	104.2	2.2
Apr-20	103.7	-0.4
May-20	103.3	-0.4
Jun-20	97.0	-6.1
Jul-20	98.9	2.0
Aug-20	97.6	-1.3
Sep-20	93.9	-3.9
Oct-20	98.6	5.0
Nov-20	98.9	0.4
Dec-20	105.0	6.2
Jan-21	107.5	2.3
Feb-21	106.7	-0.7
Mar-21	114.5	7.3
Apr-21	109.7	-4.1
May-21	110.5	0.7
Jun-21	112.9	2.1
Jul-21	109.6	-2.9
Aug-21	109.5	-0.1

Wholesale trade

Business turnover indicator, Wholesale trade, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Aug-19	101.6	1.6
Sep-19	100.4	-1.2
Oct-19	99.8	-0.7
Nov-19	100.9	1.1
Dec-19	99.4	-1.5
Jan-20	98.8	-0.6
Feb-20	100.3	1.5
Mar-20	101.0	0.7
Apr-20	85.3	-15.6
May-20	89.2	4.6
Jun-20	98.5	10.5
Jul-20	98.1	-0.4
Aug-20	96.3	-1.8
Sep-20	96.8	0.5
Oct-20	97.8	1.1
Nov-20	100.2	2.4
Dec-20	102.2	2.0
Jan-21	104.7	2.5
Feb-21	104.9	0.1
Mar-21	106.0	1.1
Apr-21	107.7	1.7
May-21	107.4	-0.3
Jun-21	108.5	1.0
Jul-21	109.1	0.6
Aug-21	110.2	1.0

Retail trade

Business turnover indicator, Retail trade, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Aug-19	101.2	1.2
Sep-19	101.7	0.5
Oct-19	101.0	-0.6
Nov-19	102.4	1.4
Dec-19	101.5	-0.9
Jan-20	102.8	1.2
Feb-20	101.3	-1.4
Mar-20	107.0	5.6
Apr-20	82.4	-23.0
May-20	98.3	19.3
Jun-20	103.8	5.5
Jul-20	106.6	2.7
Aug-20	102.7	-3.7
Sep-20	102.5	-0.2
Oct-20	103.2	0.7
Nov-20	111.6	8.2
Dec-20	111.9	0.2
Jan-21	112.1	0.2
Feb-21	111.6	-0.5
Mar-21	114.0	2.2
Apr-21	114.0	0.0
May-21	116.5	2.2
Jun-21	112.5	-3.5
Jul-21	110.8	-1.5
Aug-21	111.1	0.3

Accommodation and food services

Business turnover indicator, Accommodation and food services, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Aug-19	100.9	0.9
Sep-19	99.6	-1.3
Oct-19	97.9	-1.7
Nov-19	97.5	-0.4
Dec-19	100.9	3.5
Jan-20	102.7	1.8
Feb-20	102.0	-0.7
Mar-20	81.3	-20.3
Apr-20	49.9	-38.6
May-20	50.7	1.5
Jun-20	68.4	34.9
Jul-20	82.8	21.1
Aug-20	79.7	-3.7
Sep-20	80.6	1.2
Oct-20	82.3	2.1
Nov-20	83.2	1.1
Dec-20	93.4	12.2
Jan-21	94.8	1.4
Feb-21	93.3	-1.6
Mar-21	98.2	5.3
Apr-21	105.3	7.2
May-21	102.4	-2.7
Jun-21	98.1	-4.2
Jul-21	81.8	-16.6
Aug-21	76.5	-6.5

Transport, postal and warehousing

Business turnover indicator, Transport, postal and warehousing, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Aug-19	99.8	-0.2
Sep-19	101.4	1.6
Oct-19	102.0	0.6
Nov-19	99.4	-2.6
Dec-19	102.0	2.6
Jan-20	102.0	0.0
Feb-20	100.2	-1.7
Mar-20	87.9	-12.3
Apr-20	79.4	-9.7
May-20	71.5	-10.0
Jun-20	79.0	10.5
Jul-20	79.3	0.4
Aug-20	76.3	-3.8
Sep-20	77.9	2.1
Oct-20	78.1	0.2
Nov-20	79.7	2.1
Dec-20	87.1	9.2
Jan-21	85.1	-2.3
Feb-21	87.8	3.2
Mar-21	88.3	0.7
Apr-21	89.8	1.6
May-21	93.6	4.3
Jun-21	95.2	1.7
Jul-21	92.0	-3.3
Aug-21	94.6	2.8

Information media and telecommunications

Business turnover indicator, Information media and telecommunications, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Aug-19	97.5	-2.5
Sep-19	102.0	4.7
Oct-19	98.2	-3.7
Nov-19	95.0	-3.3
Dec-19	86.5	-8.9
Jan-20	93.1	7.7
Feb-20	87.1	-6.4
Mar-20	87.1	0.0
Apr-20	85.9	-1.4
May-20	84.7	-1.4
Jun-20	85.3	0.7
Jul-20	86.9	1.8
Aug-20	90.3	3.9
Sep-20	86.4	-4.3
Oct-20	92.9	7.5
Nov-20	92.8	0.0
Dec-20	95.0	2.3
Jan-21	94.5	-0.5
Feb-21	93.4	-1.1
Mar-21	93.7	0.3
Apr-21	96.7	3.1
May-21	96.8	0.1
Jun-21	97.7	1.0
Jul-21	96.4	-1.3
Aug-21	97.4	1.0

Professional, scientific and technical services

Business turnover indicator, Professional, scientific and technical services, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Aug-19	99.4	-0.6
Sep-19	98.3	-1.1
Oct-19	100.5	2.3
Nov-19	99.7	-0.8
Dec-19	95.5	-4.2
Jan-20	101.2	5.9
Feb-20	100.0	-1.1
Mar-20	101.0	1.0
Apr-20	99.1	-1.9
May-20	91.9	-7.2
Jun-20	95.8	4.3
Jul-20	96.3	0.4
Aug-20	91.9	-4.5
Sep-20	94.5	2.9
Oct-20	92.9	-1.8
Nov-20	94.3	1.5
Dec-20	95.4	1.3
Jan-21	92.4	-3.2
Feb-21	96.4	4.3
Mar-21	97.8	1.4
Apr-21	99.3	1.5
May-21	94.8	-4.5
Jun-21	102.0	7.5
Jul-21	101.2	-0.7
Aug-21	103.9	2.7

Administrative and support services

Business turnover indicator, Administrative and support services, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Aug-19	100.7	0.7
Sep-19	99.5	-1.1
Oct-19	100.7	1.2
Nov-19	98.5	-2.2
Dec-19	98.7	0.2
Jan-20	97.6	-1.0
Feb-20	94.2	-3.6
Mar-20	83.9	-10.8
Apr-20	70.2	-16.3
May-20	71.1	1.3
Jun-20	71.6	0.7
Jul-20	72.2	0.8
Aug-20	72.0	-0.3
Sep-20	73.5	2.1
Oct-20	73.5	0.0
Nov-20	75.2	2.3
Dec-20	77.0	2.4
Jan-21	77.5	0.7
Feb-21	75.5	-2.7
Mar-21	80.5	6.6
Apr-21	81.5	1.3
May-21	84.6	3.8
Jun-21	84.5	-0.1
Jul-21	83.1	-1.8
Aug-21	84.3	1.5

Arts and recreation services

Business turnover indicator, Arts and recreation services, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Aug-19	104.8	4.8
Sep-19	106.3	1.4
Oct-19	97.6	-8.2
Nov-19	100.8	3.3
Dec-19	94.7	-6.0
Jan-20	100.7	6.2
Feb-20	92.2	-8.4
Mar-20	84.6	-8.2
Apr-20	45.8	-45.9
May-20	46.8	2.3
Jun-20	57.5	22.8
Jul-20	78.2	36.0
Aug-20	77.9	-0.4
Sep-20	76.6	-1.6
Oct-20	82.9	8.2
Nov-20	86.9	4.8
Dec-20	92.5	6.5
Jan-21	93.9	1.6
Feb-21	95.9	2.1
Mar-21	104.3	8.8
Apr-21	117.8	12.9
May-21	115.7	-1.8
Jun-21	97.2	-16.0
Jul-21	100.3	3.3
Aug-21	95.2	-5.1

Other services

Business turnover indicator, Other services, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Aug-19	98.6	-1.4
Sep-19	100.7	2.1
Oct-19	101.0	0.4
Nov-19	101.9	0.9
Dec-19	99.6	-2.2
Jan-20	100.3	0.7
Feb-20	101.5	1.2
Mar-20	101.5	0.0
Apr-20	88.5	-12.9
May-20	85.9	-2.9
Jun-20	91.3	6.3
Jul-20	94.1	3.0
Aug-20	96.7	2.8
Sep-20	95.4	-1.4
Oct-20	97.5	2.2
Nov-20	98.8	1.4
Dec-20	101.0	2.2
Jan-21	105.9	4.9
Feb-21	103.0	-2.7
Mar-21	103.1	0.1
Apr-21	107.2	3.9
May-21	110.4	3.0
Jun-21	110.5	0.1
Jul-21	108.0	-2.2
Aug-21	102.1	-5.5

Data downloads

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Time series spreadsheets

Data files

Table 01: Business turnover indicator, Mining - Monthly percentage change and index
Download xls [153.5 KB]
Table 02: Business turnover indicator, Manufacturing - Monthly percentage change and index
Download xls [152.5 KB]
Table 03: Business turnover indicator, Electricity, gas, water and waste services - Monthly percentage change and index
Download xls [153.5 KB]
Table 04: Business turnover indicator, Construction - Monthly percentage change and index
Download xls [153.5 KB]
Table 05: Business turnover indicator, Wholesale trade - Monthly percentage change and index
Download xls [153.5 KB]
Table 06: Business turnover indicator, Retail trade - Monthly percentage change and index
Download xls [153.5 KB]
Table 07: Business turnover indicator, Accommodation and food services - Monthly percentage change and index
Download xls [153.5 KB]
Table 08: Business turnover indicator, Transport, postal and warehousing - Monthly percentage change and index
Download xls [153.5 KB]
Table 09: Business turnover indicator, Information media and telecommunications - Monthly percentage change and index
Download xls [153.5 KB]
Table 10: Business turnover indicator, Professional and scientific services - Monthly percentage change and index
Download xls [153.5 KB]
Table 11: Business turnover indicator, Administrative and support services - Monthly percentage change and index
Download xls [153.5 KB]
Table 12: Business turnover indicator, Arts and recreation services - Monthly percentage change and index
Download xls [153.5 KB]
Table 13: Business turnover indicator, Other services - Monthly percentage change and index
Download xls [153.5 KB]

Methodology

Monthly Business Turnover Indicator methodology, August 2021

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APA

Monthly Business Turnover Indicator

APA

Key statistics

Industry

Industry analysis and charts

Mining

Manufacturing

Electricity, gas, water and waste services

Construction

Wholesale trade

Retail trade

Accommodation and food services

Transport, postal and warehousing

Information media and telecommunications

Professional, scientific and technical services

Administrative and support services

Arts and recreation services

Other services

Data downloads

Time series spreadsheets

Table 01: Business turnover indicator, Mining - Monthly percentage change and index

Table 02: Business turnover indicator, Manufacturing - Monthly percentage change and index

Table 03: Business turnover indicator, Electricity, gas, water and waste services - Monthly percentage change and index

Table 04: Business turnover indicator, Construction - Monthly percentage change and index

Table 05: Business turnover indicator, Wholesale trade - Monthly percentage change and index

Table 06: Business turnover indicator, Retail trade - Monthly percentage change and index

Table 07: Business turnover indicator, Accommodation and food services - Monthly percentage change and index

Table 08: Business turnover indicator, Transport, postal and warehousing - Monthly percentage change and index

Table 09: Business turnover indicator, Information media and telecommunications - Monthly percentage change and index

Table 10: Business turnover indicator, Professional and scientific services - Monthly percentage change and index

Table 11: Business turnover indicator, Administrative and support services - Monthly percentage change and index

Table 12: Business turnover indicator, Arts and recreation services - Monthly percentage change and index

Table 13: Business turnover indicator, Other services - Monthly percentage change and index

Methodology

Media releases

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