Monthly Business Turnover Indicator

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Experimental indicator of business turnover derived from monthly Business Activity Statements

Reference period

February 2024

Released

11/04/2024

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Key statistics

In seasonally adjusted terms, the February 2024 monthly business turnover indicator showed:

A 1.1% fall in the 13-industry aggregate
The largest fall was in Mining (-9.6%)
The largest rise was in Arts and recreations services (4.8%)
Year-on-year, rises were seen in 11 of 13 published industries

The MBTI 13-industry aggregate fell 0.1% in trend terms during February, following a flat January.

Business turnover indicator, change in turnover, seasonally adjusted
	January 2024 to February 2024 (%)	February 2023 to February 2024 (%)
Arts and recreation services	4.8	9.8
Accommodation and food services	3.2	9.9
Electricity, gas, water and waste services	2.3	14.6
Construction	1.8	11.2
Administrative and support services	1.5	2.5
Transport, postal and warehousing	1.3	5.8
Retail trade	0.9	3.5
Information media and telecommunications	0.7	2.9
Other services	0.1	5.0
Wholesale trade	0.0	0.4
Manufacturing	-0.2	-0.1
Professional, scientific and technical services	-0.8	5.8
Mining	-9.6	-13.8

Business turnover indicator, change in turnover, seasonally adjusted

["","January 2024 to February 2024","February 2023 to February 2024"]

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Index base period: July 2019 = 100.0.

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.
The estimated monthly changes in business turnover are aligned as closely as is feasible to the Australian System of National Accounts concept of market output. Users should exercise caution in comparing the indicator to other ABS economic outputs due to differences in concepts, scope, coverage, and methods.

13-Industry aggregate

The MBTI 13-industry aggregate fell 0.1% in trend terms during February, following a flat January
The main contributor to the fall was Mining
Turnover has been relatively steady since October 2023

Business turnover indicator, 13-industy aggregate, trend
	Business turnover index (pts)	Monthly percentage change (%)
Feb-19	98.0	0.4
Mar-19	98.5	0.5
Apr-19	99.1	0.6
May-19	99.7	0.6
Jun-19	100.2	0.5
Jul-19	100.0	-0.2
Aug-19	100.2	0.2
Sep-19	100.3	0.0
Oct-19	100.2	-0.1
Nov-19	100.0	-0.2
Dec-19	99.6	-0.4
Jan-20	99.5	-0.1
Feb-20	99.3	-0.2
Mar-20	97.9	-1.4
Apr-20	93.0	-5.1
May-20	92.1	-1.0
Jun-20	92.8	0.8
Jul-20	93.0	0.3
Aug-20	93.4	0.4
Sep-20	94.1	0.7
Oct-20	94.8	0.8
Nov-20	97.0	2.3
Dec-20	98.9	1.9
Jan-21	100.3	1.5
Feb-21	101.4	1.1
Mar-21	103.2	1.8
Apr-21	104.7	1.4
May-21	106.2	1.5
Jun-21	107.0	0.7
Jul-21	107.2	0.2
Aug-21	107.7	0.4
Sep-21	107.7	0.1
Oct-21	108.9	1.1
Nov-21	111.4	2.2
Dec-21	113.1	1.5
Jan-22	115.4	2.1
Feb-22	117.7	2.0
Mar-22	122.2	3.7
Apr-22	124.6	2.0
May-22	127.4	2.2
Jun-22	129.5	1.6
Jul-22	130.7	0.9
Aug-22	131.9	0.9
Sep-22	131.0	-0.7
Oct-22	131.4	0.3
Nov-22	131.5	0.1
Dec-22	131.6	0.1
Jan-23	131.7	0.0
Feb-23	131.6	0.0
Mar-23	131.5	-0.1
Apr-23	131.2	-0.2
May-23	130.7	-0.4
Jun-23	130.8	0.1
Jul-23	130.1	-0.5
Aug-23	130.8	0.5
Sep-23	131.5	0.6
Oct-23	132.2	0.5
Nov-23	132.5	0.3
Dec-23	132.7	0.1
Jan-24	132.7	0.0
Feb-24	132.6	-0.1

Business turnover indicator, 13-industy aggregate, trend

["","Business turnover index","Monthly percentage change"]

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Index base period: July 2019 = 100.0.

Industry

Total turnover differs between industries. This should be considered when analysing month-to-month movements in the context of overall economic activity. The chart below shows the seasonally adjusted monthly movements in the turnover indicator for February 2024 (represented by colour) and the selected industries' estimated share of total turnover for the 2022-23 financial year (represented by circle size).

Image

Chart showing the monthly movements in the turnover indicator for February 2024 (represented by colour) and the selected industries' estimated share of total turnover for the 2022-23 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 2022-23 financial year for that industry. Circles are also given a colour shading to represent the monthly change in the Monthly Business Turnover Indicator for the current reference month. Industries with negative movements are coloured orange, those with little or no movement are grey, and positive movements are blue.

The largest circles are for Manufacturing, Mining, Wholesale trade, and Retail trade.

Mining is a strong orange, showing a strong negative movement in business turnover. Arts and recreation services is blue, showing a positive movement in business 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 February 2024, nine of the 13 industry divisions included in the indicator showed rises in monthly turnover in seasonally adjusted terms. The largest rises in monthly turnover were seen in:

Arts and recreation services (4.8%)
Accommodation and food services (3.2%)
Electricity, gas, water and waste services (2.3%)

The three industries that showed falls in February 2024 were:

Mining (-9.6%)
Professional, scientific and technical services (-0.8%)
Manufacturing (-0.2%)

Year-on-year, 11 of 13 industry divisions recorded rises in business turnover. The largest rises were recorded in:

Electricity, gas, water and waste services (14.6%)
Construction (11.2%)
Accommodation and food services (9.9%)

The two industry divisions recording a fall in business turnover in February 2024, compared with February 2023 were:

Mining (-13.8%)
Manufacturing (-0.1%)

Mining

Business turnover indicator, Mining, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Feb-22	134.0	5.2
Mar-22	140.7	5.0
Apr-22	151.9	8.0
May-22	158.7	4.5
Jun-22	166.8	5.1
Jul-22	152.4	-8.6
Aug-22	158.2	3.8
Sep-22	161.4	2.0
Oct-22	158.3	-1.9
Nov-22	158.0	-0.2
Dec-22	156.4	-1.0
Jan-23	162.0	3.6
Feb-23	152.8	-5.7
Mar-23	160.9	5.3
Apr-23	141.8	-11.9
May-23	136.6	-3.7
Jun-23	137.5	0.7
Jul-23	130.2	-5.3
Aug-23	132.5	1.8
Sep-23	138.4	4.4
Oct-23	139.2	0.5
Nov-23	144.0	3.5
Dec-23	143.7	-0.2
Jan-24	145.7	1.4
Feb-24	131.7	-9.6

Manufacturing

Business turnover indicator, Manufacturing, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Feb-22	106.5	2.2
Mar-22	114.1	7.1
Apr-22	114.7	0.5
May-22	118.8	3.6
Jun-22	121.0	1.8
Jul-22	120.2	-0.7
Aug-22	122.5	2.0
Sep-22	119.9	-2.1
Oct-22	120.0	0.1
Nov-22	120.4	0.3
Dec-22	124.6	3.4
Jan-23	123.8	-0.6
Feb-23	123.5	-0.2
Mar-23	124.9	1.1
Apr-23	127.1	1.8
May-23	125.9	-1.0
Jun-23	125.8	-0.1
Jul-23	120.3	-4.3
Aug-23	128.1	6.4
Sep-23	127.9	-0.1
Oct-23	127.0	-0.8
Nov-23	125.1	-1.5
Dec-23	123.7	-1.0
Jan-24	123.6	-0.1
Feb-24	123.4	-0.2

Electricity, gas, water and waste services

Business turnover indicator, Electricity, gas, water and waste services, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Feb-22	104.7	2.9
Mar-22	109.3	4.4
Apr-22	104.9	-4.1
May-22	123.8	18.1
Jun-22	138.3	11.7
Jul-22	146.1	5.7
Aug-22	147.3	0.8
Sep-22	120.1	-18.5
Oct-22	123.5	2.9
Nov-22	119.4	-3.4
Dec-22	121.9	2.1
Jan-23	112.5	-7.7
Feb-23	112.8	0.3
Mar-23	117.8	4.4
Apr-23	112.5	-4.5
May-23	123.3	9.6
Jun-23	132.2	7.2
Jul-23	111.3	-15.8
Aug-23	111.8	0.4
Sep-23	115.3	3.2
Oct-23	113.8	-1.4
Nov-23	115.9	1.9
Dec-23	119.0	2.6
Jan-24	126.3	6.2
Feb-24	129.2	2.3

Construction

Business turnover indicator, Construction, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Feb-22	108.7	2.3
Mar-22	112.6	3.6
Apr-22	107.4	-4.7
May-22	110.6	3.0
Jun-22	111.5	0.8
Jul-22	114.9	3.0
Aug-22	116.5	1.3
Sep-22	118.0	1.3
Oct-22	122.6	3.9
Nov-22	121.8	-0.7
Dec-22	123.0	1.0
Jan-23	120.7	-1.9
Feb-23	127.9	5.9
Mar-23	127.6	-0.2
Apr-23	129.0	1.1
May-23	130.8	1.4
Jun-23	134.1	2.5
Jul-23	137.0	2.2
Aug-23	137.4	0.3
Sep-23	140.2	2.0
Oct-23	140.0	-0.2
Nov-23	139.4	-0.4
Dec-23	140.2	0.5
Jan-24	139.7	-0.3
Feb-24	142.2	1.8

Wholesale trade

Business turnover indicator, Wholesale trade, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Feb-22	123.9	3.0
Mar-22	120.4	-2.9
Apr-22	123.5	2.6
May-22	124.1	0.5
Jun-22	124.0	0.0
Jul-22	125.4	1.1
Aug-22	128.1	2.2
Sep-22	126.6	-1.2
Oct-22	129.2	2.0
Nov-22	129.1	-0.1
Dec-22	129.9	0.6
Jan-23	127.1	-2.2
Feb-23	127.5	0.3
Mar-23	128.9	1.2
Apr-23	129.7	0.6
May-23	130.9	1.0
Jun-23	127.9	-2.3
Jul-23	130.5	2.0
Aug-23	131.2	0.6
Sep-23	132.2	0.7
Oct-23	133.2	0.8
Nov-23	129.5	-2.8
Dec-23	127.6	-1.5
Jan-24	128.0	0.3
Feb-24	128.0	0.0

Retail trade

Business turnover indicator, Retail trade, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Feb-22	130.7	3.9
Mar-22	135.3	3.6
Apr-22	136.1	0.5
May-22	138.0	1.4
Jun-22	139.6	1.2
Jul-22	139.4	-0.1
Aug-22	142.9	2.5
Sep-22	142.1	-0.6
Oct-22	140.1	-1.4
Nov-22	142.5	1.7
Dec-22	140.4	-1.5
Jan-23	141.2	0.6
Feb-23	140.2	-0.7
Mar-23	140.3	0.1
Apr-23	141.9	1.2
May-23	141.1	-0.5
Jun-23	138.8	-1.7
Jul-23	137.8	-0.7
Aug-23	144.1	4.6
Sep-23	146.2	1.4
Oct-23	144.4	-1.2
Nov-23	146.4	1.4
Dec-23	140.7	-3.9
Jan-24	143.9	2.2
Feb-24	145.1	0.9

Accommodation and food services

Business turnover indicator, Accommodation and food services, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Feb-22	107.0	4.8
Mar-22	109.9	2.8
Apr-22	119.1	8.4
May-22	119.2	0.1
Jun-22	124.7	4.6
Jul-22	126.7	1.7
Aug-22	125.2	-1.2
Sep-22	128.5	2.6
Oct-22	126.7	-1.4
Nov-22	125.6	-0.9
Dec-22	129.5	3.2
Jan-23	129.7	0.1
Feb-23	130.2	0.4
Mar-23	131.7	1.1
Apr-23	129.9	-1.4
May-23	131.9	1.6
Jun-23	133.3	1.1
Jul-23	132.3	-0.7
Aug-23	132.2	-0.1
Sep-23	135.7	2.7
Oct-23	134.2	-1.1
Nov-23	136.1	1.4
Dec-23	138.1	1.5
Jan-24	138.7	0.4
Feb-24	143.1	3.2

Transport, postal and warehousing

Business turnover indicator, Transport, postal and warehousing, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Feb-22	113.8	8.4
Mar-22	117.7	3.4
Apr-22	122.3	3.9
May-22	126.1	3.2
Jun-22	130.5	3.4
Jul-22	127.3	-2.4
Aug-22	133.8	5.1
Sep-22	132.2	-1.1
Oct-22	131.6	-0.5
Nov-22	131.9	0.3
Dec-22	128.0	-3.0
Jan-23	128.8	0.7
Feb-23	127.6	-1.0
Mar-23	128.8	1.0
Apr-23	123.9	-3.8
May-23	127.4	2.8
Jun-23	126.3	-0.8
Jul-23	123.6	-2.2
Aug-23	125.9	1.9
Sep-23	126.1	0.1
Oct-23	127.8	1.3
Nov-23	127.9	0.1
Dec-23	126.9	-0.8
Jan-24	133.2	5.0
Feb-24	134.9	1.3

Information media and telecommunications

Business turnover indicator, Information media and telecommunications, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Feb-22	110.5	2.0
Mar-22	111.3	0.7
Apr-22	114.6	3.0
May-22	116.8	1.9
Jun-22	117.2	0.3
Jul-22	115.1	-1.8
Aug-22	111.8	-2.9
Sep-22	116.3	4.1
Oct-22	117.1	0.6
Nov-22	117.8	0.6
Dec-22	118.8	0.8
Jan-23	115.7	-2.6
Feb-23	118.7	2.6
Mar-23	120.4	1.5
Apr-23	114.8	-4.7
May-23	122.3	6.5
Jun-23	127.9	4.6
Jul-23	123.0	-3.9
Aug-23	117.0	-4.9
Sep-23	125.5	7.3
Oct-23	121.0	-3.6
Nov-23	121.7	0.5
Dec-23	121.4	-0.2
Jan-24	121.2	-0.2
Feb-24	122.1	0.7

Professional, scientific and technical services

Business turnover indicator, Professional, scientific and technical services, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Feb-22	108.3	4.2
Mar-22	109.3	1.0
Apr-22	109.6	0.2
May-22	108.1	-1.4
Jun-22	110.5	2.2
Jul-22	113.2	2.4
Aug-22	115.3	1.9
Sep-22	116.8	1.3
Oct-22	117.5	0.6
Nov-22	117.8	0.2
Dec-22	118.7	0.7
Jan-23	116.6	-1.7
Feb-23	118.7	1.8
Mar-23	120.2	1.3
Apr-23	119.8	-0.4
May-23	122.4	2.2
Jun-23	121.1	-1.1
Jul-23	121.3	0.2
Aug-23	122.8	1.2
Sep-23	121.9	-0.7
Oct-23	123.8	1.6
Nov-23	124.5	0.5
Dec-23	122.8	-1.3
Jan-24	126.6	3.1
Feb-24	125.6	-0.8

Administrative and support services

Business turnover indicator, Administrative and support services, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Feb-22	91.8	2.8
Mar-22	96.2	4.8
Apr-22	97.2	1.0
May-22	100.4	3.3
Jun-22	101.4	1.0
Jul-22	101.8	0.4
Aug-22	104.7	2.9
Sep-22	105.3	0.5
Oct-22	107.8	2.4
Nov-22	106.9	-0.8
Dec-22	109.0	2.0
Jan-23	110.3	1.1
Feb-23	111.3	1.0
Mar-23	113.4	1.9
Apr-23	109.3	-3.6
May-23	111.3	1.8
Jun-23	109.1	-2.0
Jul-23	113.3	3.8
Aug-23	112.2	-0.9
Sep-23	114.0	1.6
Oct-23	110.9	-2.7
Nov-23	113.1	1.9
Dec-23	112.7	-0.4
Jan-24	112.5	-0.2
Feb-24	114.1	1.5

Arts and recreation services

Business turnover indicator, Arts and recreation services, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Feb-22	109.6	7.2
Mar-22	119.5	9.0
Apr-22	119.8	0.3
May-22	121.9	1.8
Jun-22	124.7	2.3
Jul-22	123.6	-0.9
Aug-22	130.7	5.8
Sep-22	130.4	-0.3
Oct-22	135.1	3.6
Nov-22	133.5	-1.2
Dec-22	127.2	-4.7
Jan-23	127.5	0.2
Feb-23	128.9	1.1
Mar-23	132.6	2.9
Apr-23	130.9	-1.3
May-23	130.0	-0.7
Jun-23	131.8	1.4
Jul-23	131.3	-0.4
Aug-23	132.6	1.0
Sep-23	133.7	0.8
Oct-23	131.5	-1.7
Nov-23	131.3	-0.1
Dec-23	136.5	3.9
Jan-24	135.0	-1.1
Feb-24	141.5	4.8

Other services

Business turnover indicator, Other services, seasonally adjusted
	Business turnover index (pts)	Monthly percentage change (%)
Feb-22	110.3	5.2
Mar-22	111.9	1.4
Apr-22	110.3	-1.4
May-22	112.2	1.7
Jun-22	114.3	1.9
Jul-22	114.0	-0.3
Aug-22	118.7	4.1
Sep-22	116.4	-1.9
Oct-22	118.7	2.0
Nov-22	122.1	2.8
Dec-22	120.9	-1.0
Jan-23	124.4	2.9
Feb-23	125.5	0.9
Mar-23	125.3	-0.2
Apr-23	126.3	0.8
May-23	131.9	4.4
Jun-23	131.5	-0.3
Jul-23	130.3	-1.0
Aug-23	128.3	-1.5
Sep-23	131.3	2.3
Oct-23	130.3	-0.7
Nov-23	132.5	1.6
Dec-23	130.0	-1.8
Jan-24	131.7	1.3
Feb-24	131.8	0.1

Trend graphs for selected industries

Business turnover indicator, Construction, trend
	Business turnover index (pts)	Monthly percentage change (%)
Feb-19	98.7	0.4
Mar-19	99.1	0.3
Apr-19	99.3	0.3
May-19	99.4	0.1
Jun-19	99.6	0.2
Jul-19	100.0	0.4
Aug-19	100.6	0.6
Sep-19	101.0	0.5
Oct-19	101.2	0.1
Nov-19	101.0	-0.2
Dec-19	100.6	-0.3
Jan-20	100.2	-0.4
Feb-20	99.7	-0.5
Mar-20	99.2	-0.5
Apr-20	98.4	-0.8
May-20	97.3	-1.1
Jun-20	96.0	-1.4
Jul-20	94.5	-1.6
Aug-20	93.5	-1.0
Sep-20	93.3	-0.2
Oct-20	94.0	0.8
Nov-20	95.7	1.8
Dec-20	97.8	2.2
Jan-21	100.2	2.5
Feb-21	102.7	2.4
Mar-21	104.5	1.8
Apr-21	105.5	1.0
May-21	105.6	0.0
Jun-21	104.8	-0.7
Jul-21	103.8	-1.0
Aug-21	102.7	-1.0
Sep-21	102.0	-0.7
Oct-21	102.0	0.0
Nov-21	102.5	0.5
Dec-21	103.4	0.9
Jan-22	104.4	0.9
Feb-22	105.1	0.7
Mar-22	105.6	0.6
Apr-22	106.3	0.6
May-22	107.2	0.9
Jun-22	108.7	1.4
Jul-22	110.6	1.8
Aug-22	112.7	1.9
Sep-22	114.7	1.8
Oct-22	116.4	1.5
Nov-22	117.7	1.1
Dec-22	118.9	1.0
Jan-23	120.0	1.0
Feb-23	121.5	1.2
Mar-23	123.2	1.4
Apr-23	125.2	1.7
May-23	127.4	1.8
Jun-23	129.6	1.7
Jul-23	131.6	1.5
Aug-23	133.3	1.2
Sep-23	134.4	0.9
Oct-23	135.0	0.5
Nov-23	135.4	0.3
Dec-23	135.7	0.3
Jan-24	136.1	0.2
Feb-24	136.4	0.2

Business turnover indicator, Professional, scientific and technical services, trend (a)
	Business turnover index (pts)	Monthly percentage change (%)
Feb-19	98.6	0.7
Mar-19	99.3	0.7
Apr-19	99.8	0.5
May-19	100.0	0.2
Jun-19	100.1	0.1
Jul-19	100.0	-0.1
Aug-19	99.9	-0.1
Sep-19	99.9	-0.1
Oct-19	99.9	0.1
Nov-19	100.2	0.3
Dec-19	100.6	0.3
Jan-20	100.9	0.3
Feb-20	101.4	0.5
Mar-20	101.9	0.5
Apr-20	102.2	0.3
May-20
Jun-20	95.4	-0.2
Jul-20	95.0	-0.4
Aug-20	94.6	-0.5
Sep-20	94.1	-0.5
Oct-20	93.8	-0.4
Nov-20	93.8	0.0
Dec-20	94.3	0.5
Jan-21	95.1	0.9
Feb-21	96.2	1.1
Mar-21	97.4	1.3
Apr-21	98.7	1.3
May-21	99.9	1.2
Jun-21	100.9	1.0
Jul-21	101.8	0.8
Aug-21	102.5	0.7
Sep-21	103.1	0.7
Oct-21	103.9	0.7
Nov-21	104.8	0.9
Dec-21	105.8	1.0
Jan-22	107.0	1.1
Feb-22	107.9	0.9
Mar-22	108.8	0.8
Apr-22	109.7	0.8
May-22	110.8	1.0
Jun-22	112.2	1.2
Jul-22	113.8	1.5
Aug-22	115.5	1.5
Sep-22	117.0	1.3
Oct-22	118.1	0.9
Nov-22	118.6	0.4
Dec-22	118.9	0.2
Jan-23	119.2	0.3
Feb-23	119.8	0.4
Mar-23	120.5	0.6
Apr-23	121.2	0.6
May-23	121.8	0.5
Jun-23	122.4	0.4
Jul-23	122.8	0.3
Aug-23	123.1	0.3
Sep-23	123.6	0.4
Oct-23	124.2	0.5
Nov-23	124.8	0.5
Dec-23	125.5	0.5
Jan-24	126.0	0.5
Feb-24	126.5	0.4

Business turnover indicator, Administrative and support services, trend (a)
	Business turnover index (pts)	Monthly percentage change (%)
Feb-19	98.4	0.1
Mar-19	98.7	0.3
Apr-19	99.0	0.4
May-19	99.4	0.4
Jun-19	99.7	0.3
Jul-19	100.0	0.3
Aug-19	100.2	0.2
Sep-19	100.3	0.1
Oct-19	100.2	-0.1
Nov-19	100.0	-0.2
Dec-19	99.8	-0.2
Jan-20	99.6	-0.2
Feb-20	99.5	-0.1
Mar-20	99.4	0.0
Apr-20
May-20	71.2	0.3
Jun-20	71.6	0.5
Jul-20	72.1	0.7
Aug-20	72.8	1.0
Sep-20	73.8	1.3
Oct-20	74.9	1.6
Nov-20	76.2	1.7
Dec-20	77.5	1.7
Jan-21	78.7	1.7
Feb-21	80.0	1.6
Mar-21	81.1	1.4
Apr-21	81.9	1.1
May-21	82.6	0.8
Jun-21	83.1	0.6
Jul-21	83.6	0.6
Aug-21	84.1	0.6
Sep-21	84.6	0.7
Oct-21	85.2	0.7
Nov-21
Dec-21	92.0	0.7
Jan-22	92.8	0.8
Feb-22	93.8	1.1
Mar-22	95.3	1.6
Apr-22	97.1	1.9
May-22	99.0	2.0
Jun-22	100.9	1.9
Jul-22	102.5	1.6
Aug-22	104.0	1.4
Sep-22	105.2	1.2
Oct-22	106.5	1.2
Nov-22	107.8	1.2
Dec-22	109.0	1.2
Jan-23	110.0	0.9
Feb-23	110.6	0.5
Mar-23	110.8	0.2
Apr-23	110.9	0.1
May-23	110.9	0.0
Jun-23	111.1	0.1
Jul-23	111.4	0.3
Aug-23	111.8	0.4
Sep-23	112.2	0.3
Oct-23	112.3	0.1
Nov-23	112.4	0.1
Dec-23	112.5	0.1
Jan-24	112.7	0.1
Feb-24	112.9	0.2

Business turnover indicator, Other services, trend (a)
	Business turnover index (pts)	Monthly percentage change (%)
Feb-19	98.3	0.4
Mar-19	98.8	0.5
Apr-19	99.2	0.5
May-19	99.6	0.4
Jun-19	99.8	0.2
Jul-19	100.0	0.2
Aug-19	100.2	0.2
Sep-19	100.4	0.2
Oct-19	100.9	0.5
Nov-19	101.5	0.6
Dec-19	102.0	0.6
Jan-20	102.1	0.0
Feb-20	101.6	-0.4
Mar-20	101.1	-0.6
Apr-20
May-20	90.9	0.2
Jun-20	91.7	0.9
Jul-20	93.0	1.4
Aug-20	94.7	1.8
Sep-20	96.7	2.1
Oct-20	98.5	1.9
Nov-20	100.1	1.6
Dec-20	101.5	1.4
Jan-21	102.8	1.3
Feb-21	104.2	1.4
Mar-21	105.5	1.3
Apr-21	106.7	1.1
May-21	107.4	0.7
Jun-21	107.6	0.2
Jul-21	107.4	-0.2
Aug-21	106.8	-0.5
Sep-21	106.1	-0.7
Oct-21	105.9	-0.2
Nov-21	106.4	0.5
Dec-21	107.3	0.9
Jan-22	108.5	1.1
Feb-22	109.6	1.0
Mar-22	110.7	1.0
Apr-22	111.8	1.0
May-22	113.0	1.1
Jun-22	114.3	1.1
Jul-22	115.5	1.1
Aug-22	116.8	1.1
Sep-22	118.3	1.3
Oct-22	119.8	1.3
Nov-22	121.2	1.2
Dec-22	122.6	1.1
Jan-23	124.0	1.2
Feb-23	125.6	1.3
Mar-23	127.2	1.3
Apr-23	128.6	1.1
May-23	129.8	0.9
Jun-23	130.6	0.6
Jul-23	131.0	0.3
Aug-23	131.1	0.1
Sep-23	131.1	0.0
Oct-23	131.2	0.1
Nov-23	131.5	0.2
Dec-23	131.8	0.2
Jan-24	132.0	0.2
Feb-24	132.3	0.2

Data downloads

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Time series spreadsheets

Data files

Table 01: Business turnover indicator, 13-industry aggregate - Monthly percentage change and index
Download xlsx [52.8 KB]
Table 02: Business turnover indicator, Mining - Monthly percentage change and index
Download xlsx [85.66 KB]
Table 03: Business turnover indicator, Manufacturing - Monthly percentage change and index
Download xlsx [96.12 KB]
Table 04: Business turnover indicator, Electricity, gas, water and waste services - Monthly percentage change and index
Download xlsx [59.34 KB]
Table 05: Business turnover indicator, Construction - Monthly percentage change and index
Download xlsx [58.86 KB]
Table 06: Business turnover indicator, Wholesale trade - Monthly percentage change and index
Download xlsx [91.82 KB]
Table 07: Business turnover indicator, Retail trade - Monthly percentage change and index
Download xlsx [82.05 KB]
Table 08: Business turnover indicator, Accommodation and food services - Monthly percentage change and index
Download xlsx [69.02 KB]
Table 09: Business turnover indicator, Transport, postal and warehousing - Monthly percentage change and index
Download xlsx [92.51 KB]
Table 10: Business turnover indicator, Information media and telecommunications - Monthly percentage change and index
Download xlsx [86.22 KB]
Table 11: Business turnover indicator, Professional, scientific and technical services - Monthly percentage change and index
Download xlsx [64.96 KB]
Table 12: Business turnover indicator, Administrative support services - Monthly percentage change and index
Download xlsx [52.63 KB]
Table 13: Business turnover indicator, Arts and recreation services - Monthly percentage change and index
Download xlsx [69.88 KB]
Table 14: Business turnover indicator, Other services - Monthly percentage change and index
Download xlsx [52.82 KB]

Data Explorer datasets

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Business Turnover Indicator - Monthly percentage changes and indexes, January 2010 onwards

Methodology

Monthly Business Turnover Indicator methodology, February 2024

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APA

Monthly Business Turnover Indicator

APA

Key statistics

13-Industry aggregate

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

Trend graphs for selected industries

Trend graphs for selected industries

Data downloads

Time series spreadsheets

Table 01: Business turnover indicator, 13-industry aggregate - Monthly percentage change and index

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

Table 03: Business turnover indicator, Manufacturing - Monthly percentage change and index

Table 04: Business turnover indicator, Electricity, gas, water and waste services - Monthly percentage change and index

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

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

Table 07: Business turnover indicator, Retail trade - Monthly percentage change and index

Table 08: Business turnover indicator, Accommodation and food services - Monthly percentage change and index

Table 09: Business turnover indicator, Transport, postal and warehousing - Monthly percentage change and index

Table 10: Business turnover indicator, Information media and telecommunications - Monthly percentage change and index

Table 11: Business turnover indicator, Professional, scientific and technical services - Monthly percentage change and index

Table 12: Business turnover indicator, Administrative support services - Monthly percentage change and index

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

Table 14: Business turnover indicator, Other services - Monthly percentage change and index

Data Explorer datasets

Methodology

Media releases

Mining drives down turnover in February

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