Monthly Business Turnover Indicator

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Experimental indicator of business turnover derived from monthly Business Activity Statements

Reference period

November 2024

Released

24/01/2025

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Release date and time

24/01/2025 11:30am AEDT

Key statistics

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

A 2.0% rise in the 13-industry aggregate
Rises were seen in 10 of 13 published industries
The largest rise was in Mining (5.7%)
Year-on-year, rises were seen in 11 of 13 published industries

The MBTI 13-industry aggregate grew 0.2% in trend terms for the month of November.

Business turnover indicator, change in turnover, seasonally adjusted
	October 2024 to November 2024 (%)	November 2023 to November 2024 (%)
Mining	5.7	-10.4
Manufacturing	3.0	7.8
Transport, postal and warehousing	3.0	8.2
Information media and telecommunications	1.9	7.1
Electricity, gas, water and waste services	1.6	7.8
Wholesale trade	1.3	3.1
Retail trade	1.2	-1.4
Administrative and support services	0.9	3.5
Construction	0.3	9.4
Professional, scientific and technical services	0.2	2.7
Accommodation and food services	-0.3	5.9
Arts and recreation services	-1.5	8.2
Other services	-1.7	2.4
13-industry aggregate	2.0	2.0

Business turnover indicator, change in turnover, seasonally adjusted

["","October 2024 to November 2024","November 2023 to November 2024"]

[["Mining","Manufacturing","Transport, postal and warehousing","Information media and telecommunications","Electricity, gas, water and waste services","Wholesale trade","Retail trade","Administrative and support services","Construction","Professional, scientific and technical services","Accommodation and food services","Arts and recreation services","Other services","13-industry aggregate"],[[5.7],[3],[3],[1.9],[1.6],[1.3],[1.2],[0.9],[0.3],[0.2],[-0.3],[-1.5],[-1.7],[2]],[[-10.4],[7.8],[8.2],[7.1],[7.8],[3.1],[-1.4],[3.5],[9.4],[2.7],[5.9],[8.2],[2.4],[2]]]

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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 grew 0.2% for the November month in trend terms.

Business turnover indicator, 13-industy aggregate, trend
Reference month	Business turnover index (pts)	Monthly percentage change (%)
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	97.8	-1.4
Apr-20	92.9	-5.1
May-20	92.0	-1.0
Jun-20	92.7	0.8
Jul-20	93.0	0.3
Aug-20	93.5	0.5
Sep-20	94.1	0.7
Oct-20	94.9	0.8
Nov-20	97.1	2.3
Dec-20	98.9	1.9
Jan-21	100.3	1.4
Feb-21	101.4	1.0
Mar-21	103.2	1.8
Apr-21	104.6	1.4
May-21	106.2	1.5
Jun-21	107.0	0.8
Jul-21	107.3	0.3
Aug-21	107.7	0.4
Sep-21	107.8	0.1
Oct-21	109.0	1.1
Nov-21	111.4	2.2
Dec-21	113.1	1.5
Jan-22	115.4	2.0
Feb-22	117.7	2.0
Mar-22	122.2	3.8
Apr-22	124.7	2.0
May-22	127.5	2.2
Jun-22	129.5	1.6
Jul-22	130.8	1.0
Aug-22	132.1	1.0
Sep-22	131.1	-0.7
Oct-22	131.5	0.3
Nov-22	131.6	0.1
Dec-22	131.7	0.1
Jan-23	131.7	0.0
Feb-23	131.7	-0.1
Mar-23	131.4	-0.2
Apr-23	131.2	-0.2
May-23	130.7	-0.4
Jun-23	130.8	0.1
Jul-23	130.2	-0.5
Aug-23	130.8	0.5
Sep-23	131.6	0.6
Oct-23	132.2	0.4
Nov-23	132.4	0.1
Dec-23	132.3	0.0
Jan-24	132.2	-0.1
Feb-24	132.2	0.0
Mar-24	132.4	0.2
Apr-24	132.7	0.3
May-24	133.0	0.2
Jun-24	133.2	0.1
Jul-24	133.2	0.1
Aug-24	133.3	0.0
Sep-24	133.4	0.1
Oct-24	133.6	0.2
Nov-24	133.9	0.2

Business turnover indicator, 13-industy aggregate, trend

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

[["Nov-19","Dec-19","Jan-20","Feb-20","Mar-20","Apr-20","May-20","Jun-20","Jul-20","Aug-20","Sep-20","Oct-20","Nov-20","Dec-20","Jan-21","Feb-21","Mar-21","Apr-21","May-21","Jun-21","Jul-21","Aug-21","Sep-21","Oct-21","Nov-21","Dec-21","Jan-22","Feb-22","Mar-22","Apr-22","May-22","Jun-22","Jul-22","Aug-22","Sep-22","Oct-22","Nov-22","Dec-22","Jan-23","Feb-23","Mar-23","Apr-23","May-23","Jun-23","Jul-23","Aug-23","Sep-23","Oct-23","Nov-23","Dec-23","Jan-24","Feb-24","Mar-24","Apr-24","May-24","Jun-24","Jul-24","Aug-24","Sep-24","Oct-24","Nov-24"],[[100],[99.6],[99.5],[99.3],[97.8],[92.9],[92],[92.7],[93],[93.5],[94.1],[94.9],[97.1],[98.9],[100.3],[101.4],[103.2],[104.6],[106.2],[107],[107.3],[107.7],[107.8],[109],[111.4],[113.1],[115.4],[117.7],[122.2],[124.7],[127.5],[129.5],[130.8],[132.1],[131.1],[131.5],[131.6],[131.7],[131.7],[131.7],[131.4],[131.2],[130.7],[130.8],[130.2],[130.8],[131.6],[132.2],[132.4],[132.3],[132.2],[132.2],[132.4],[132.7],[133],[133.2],[133.2],[133.3],[133.4],[133.6],[133.9]],[[-0.2],[-0.4],[-0.1],[-0.2],[-1.4],[-5.1],[-1],[0.8],[0.3],[0.5],[0.7],[0.8],[2.3],[1.9],[1.4],[1],[1.8],[1.4],[1.5],[0.8],[0.3],[0.4],[0.1],[1.1],[2.2],[1.5],[2],[2],[3.8],[2],[2.2],[1.6],[1],[1],[-0.7],[0.3],[0.1],[0.1],[0],[-0.1],[-0.2],[-0.2],[-0.4],[0.1],[-0.5],[0.5],[0.6],[0.4],[0.1],[0],[-0.1],[0],[0.2],[0.3],[0.2],[0.1],[0.1],[0],[0.1],[0.2],[0.2]]]

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Index base period: July 2019 = 100.0.

Industry analysis and charts

In November 2024, 10 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:

Mining (5.7%)
Manufacturing and Transport, postal and warehousing (both 3.0%)

The three industries that showed falls in November 2024 were:

Other services (-1.7%)
Arts and recreation services (-1.5%)
Accommodation and food services (-0.3%)

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

Construction (9.4%)
Transport, postal and warehousing and Arts and recreation services (both 8.2%)

The two industry divisions recording falls in business turnover in November 2024, compared with November 2023 were:

Mining (-10.4%)
Retail trade (-1.4%)

Note: Total turnover differs between industries. This should be considered when analysing month-to-month movements in the context of overall economic activity. Please see data limitations and revisions for additional considerations.

Mining

Business turnover indicator, Mining
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)(a)	Monthly percentage change, seasonally adjusted (%)
Nov-22	157.7	164.1	-1.4
Dec-22	155.9	163.7	-1.2
Jan-23	162.0	162.3	3.9
Feb-23	154.2	159.6	-4.8
Mar-23	161.0	155.6	4.4
Apr-23	143.3	150.9	-11.0
May-23	137.8	146.2	-3.8
Jun-23	138.1	142.9	0.2
Jul-23	132.3		-4.2
Aug-23	135.0	139.8	2.0
Sep-23	140.0	142.7	3.7
Oct-23	142.1	145.8	1.5
Nov-23	144.6	147.5	1.8
Dec-23	143.1	147.3	-1.1
Jan-24	146.1	145.2	2.1
Feb-24	132.2	142.0	-9.5
Mar-24	132.7	138.8	0.4
Apr-24	130.7	136.2	-1.5
May-24	130.2	134.3	-0.4
Jun-24	129.5	133.1	-0.5
Jul-24	131.8	132.2	1.8
Aug-24	125.6	131.1	-4.7
Sep-24	124.1	130.2	-1.2
Oct-24	122.6	129.6	-1.2
Nov-24	129.6	129.3	5.7

Business turnover indicator, Mining subdivisions, seasonally adjusted
Reference month	Coal mining (pts)	Oil and gas extraction (pts)	Metal ore mining (pts)	Non-metallic mineral mining and quarrying (pts)	Exploration and other mining support services (pts)	Mining (pts)
Nov-22	198.1	202.6	115.9	303.4	149.0	157.7
Dec-22	186.3	194.9	120.5	303.7	151.5	155.9
Jan-23	182.4	195.2	127.8	477.3	155.2	162.0
Feb-23	179.4	181.5	124.9	314.8	163.4	154.2
Mar-23	180.3	181.3	133.9	451.5	155.6	161.0
Apr-23	160.4	170.2	116.5	312.3	163.9	143.3
May-23	150.1	173.6	107.3	393.4	138.9	137.8
Jun-23	144.5	164.0	112.6	412.5	156.1	138.1
Jul-23	135.4	161.8	112.8	236.2	148.3	132.3
Aug-23	127.0	166.3	119.4	241.7	148.7	135.0
Sep-23	139.2	160.6	122.9	354.5	148.9	140.0
Oct-23	146.0	162.0	127.9	222.1	151.3	142.1
Nov-23	148.5	160.6	132.8	213.0	151.0	144.6
Dec-23	148.6	159.2	130.2	207.8	157.4	143.1
Jan-24	145.5	158.0	140.2	139.8	158.0	146.1
Feb-24	137.5	165.3	114.7	136.8	134.5	132.2
Mar-24	133.2	167.3	116.1	114.3	151.4	132.7
Apr-24	134.5	165.3	111.0	165.8	146.7	130.7
May-24	124.3	163.0	114.3	198.9	144.0	130.2
Jun-24	125.1	161.4	114.4	179.9	139.1	129.5
Jul-24	124.6	174.1	114.5	131.9	147.2	131.8
Aug-24	124.2	155.8	111.1	126.9	144.5	125.6
Sep-24	118.5	143.6	114.7	140.4	154.4	124.1
Oct-24	119.8	143.7	112.0	127.8	150.9	122.6
Nov-24	122.9	157.4	118.7	137.4	141.4	129.6

Manufacturing

Business turnover indicator, Manufacturing
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)	Monthly percentage change, seasonally adjusted (%)
Nov-22	120.5	121.4	0.0
Dec-22	125.6	122.3	4.3
Jan-23	124.2	123.3	-1.1
Feb-23	123.8	124.1	-0.3
Mar-23	124.3	124.5	0.4
Apr-23	126.9	124.7	2.1
May-23	125.0	125.0	-1.5
Jun-23	125.8	125.4	0.6
Jul-23	120.5	125.9	-4.2
Aug-23	127.9	126.2	6.2
Sep-23	128.1	125.9	0.1
Oct-23	126.7	125.2	-1.1
Nov-23	125.3	124.4	-1.1
Dec-23	123.0	123.8	-1.8
Jan-24	123.8	123.7	0.6
Feb-24	123.5	124.3	-0.2
Mar-24	127.9	125.3	3.5
Apr-24	128.3	126.5	0.4
May-24	127.8	127.3	-0.4
Jun-24	128.6	127.8	0.6
Jul-24	129.5	128.2	0.7
Aug-24	128.7	128.9	-0.6
Sep-24	129.8	129.8	0.8
Oct-24	131.1	130.8	1.0
Nov-24	135.1	131.8	3.0

Business turnover indicator, Manufacturing subdivisions, seasonally adjusted
Reference month	Food product manufacturing (pts)	Wood product manufacturing (pts)	Non-metallic mineral product manufacturing (pts)	Primary metal and metal product manufacturing (pts)	Fabricated metal product manufacturing (pts)	Transport equipment manufacturing (pts)	Machinery and equipment manufacturing (pts)	Manufacturing (pts)
Nov-22	120.2	138.8	120.9	152.5	130.5	133.5	115.5	120.5
Dec-22	123.4	135.8	131.8	177.0	131.5	132.4	114.7	125.6
Jan-23	123.4	130.7	124.9	171.9	131.8	130.4	114.1	124.2
Feb-23	126.1	138.5	128.8	167.8	135.6	134.8	116.5	123.8
Mar-23	125.4	138.8	123.8	169.8	134.9	128.2	117.9	124.3
Apr-23	122.7	134.8	125.9	190.1	135.7	138.1	119.7	126.9
May-23	128.0	138.7	128.2	165.0	133.9	138.4	121.3	125.0
Jun-23	126.7	134.9	124.0	173.8	135.5	142.0	126.4	125.8
Jul-23	126.6	138.4	120.5	141.1	135.0	139.1	121.3	120.5
Aug-23	127.3	142.7	124.9	181.2	133.8	147.1	124.6	127.9
Sep-23	128.9	141.5	127.4	174.4	134.7	137.8	121.6	128.1
Oct-23	129.1	137.9	127.3	175.7	131.2	140.2	120.9	126.7
Nov-23	128.8	139.4	121.3	167.0	132.2	144.0	122.6	125.3
Dec-23	121.7	138.9	127.8	171.0	129.9	135.9	118.2	123.0
Jan-24	126.8	135.2	117.8	164.7	128.5	151.3	123.1	123.8
Feb-24	127.0	134.6	127.4	159.1	127.7	149.9	123.4	123.5
Mar-24	128.6	132.0	123.4	178.8	129.3	153.3	126.6	127.9
Apr-24	130.6	134.7	119.7	175.1	125.6	150.4	136.5	128.3
May-24	131.2	130.1	121.7	176.7	127.7	142.3	131.7	127.8
Jun-24	134.6	130.0	123.4	174.9	126.1	143.5	128.0	128.6
Jul-24	133.2	133.4	126.1	178.4	125.7	144.9	137.2	129.5
Aug-24	132.7	129.2	125.1	179.7	127.7	143.6	125.8	128.7
Sep-24	133.2	127.5	125.9	189.8	128.3	146.6	126.3	129.8
Oct-24	134.6	135.2	125.8	198.4	131.2	145.0	127.5	131.1
Nov-24	136.2	127.3	124.7	222.3	130.7	142.1	126.0	135.1

Electricity, gas, water and waste services

Business turnover indicator, Electricity, gas, water and waste services
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)(a)	Monthly percentage change, seasonally adjusted (%)
Nov-22	120.2	118.1	-3.4
Dec-22	121.6	116.6	1.2
Jan-23	113.1	115.3	-7.0
Feb-23	112.2	115.0	-0.9
Mar-23	117.3	115.8	4.6
Apr-23	112.5	117.5	-4.1
May-23	124.2	119.5	10.4
Jun-23	132.3	121.3	6.6
Jul-23	110.7		-16.3
Aug-23	111.4	111.1	0.6
Sep-23	114.4	112.2	2.7
Oct-23	115.1	114.1	0.6
Nov-23	116.7	116.6	1.3
Dec-23	119.2	119.6	2.2
Jan-24	125.6	122.5	5.4
Feb-24	128.1	125.0	1.9
Mar-24	129.0	126.7	0.7
Apr-24	128.4	127.8	-0.5
May-24	129.0	128.7	0.5
Jun-24	131.0	129.2	1.6
Jul-24	129.5	129.4	-1.2
Aug-24	130.9	129.2	1.1
Sep-24	137.2	128.5	4.8
Oct-24	123.8	127.6	-9.8
Nov-24	125.8	126.5	1.6

Business turnover indicator, Electricity, gas, water and waste services subdivisions, seasonally adjusted
Reference month	Electricity supply (pts)	Electricity, gas, water and waste services (pts)
Nov-22	121.8	120.2
Dec-22	119.2	121.6
Jan-23	108.6	113.1
Feb-23	110.5	112.2
Mar-23	118.4	117.3
Apr-23	110.1	112.5
May-23	131.3	124.2
Jun-23	128.3	132.3
Jul-23	104.5	110.7
Aug-23	105.6	111.4
Sep-23	110.5	114.4
Oct-23	117.7	115.1
Nov-23	119.1	116.7
Dec-23	122.2	119.2
Jan-24	129.1	125.6
Feb-24	132.9	128.1
Mar-24	136.3	129.0
Apr-24	134.4	128.4
May-24	134.4	129.0
Jun-24	129.6	131.0
Jul-24	132.4	129.5
Aug-24	134.4	130.9
Sep-24	142.8	137.2
Oct-24	129.9	123.8
Nov-24	133.3	125.8

Construction

Business turnover indicator, Construction
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)	Monthly percentage change, seasonally adjusted (%)
Nov-22	121.1	117.2	-0.5
Dec-22	122.4	118.6	1.1
Jan-23	120.5	120.0	-1.6
Feb-23	128.3	121.7	6.5
Mar-23	128.2	123.7	-0.1
Apr-23	129.3	125.9	0.8
May-23	131.5	128.1	1.7
Jun-23	134.5	130.1	2.3
Jul-23	137.4	131.8	2.1
Aug-23	137.0	133.1	-0.3
Sep-23	139.3	133.9	1.7
Oct-23	138.3	134.2	-0.7
Nov-23	137.7	134.3	-0.4
Dec-23	140.0	134.3	1.7
Jan-24	137.7	134.4	-1.7
Feb-24	139.7	134.6	1.5
Mar-24	138.6	134.7	-0.8
Apr-24	140.6	135.1	1.5
May-24	140.2	135.8	-0.3
Jun-24	140.2	137.1	0.0
Jul-24	142.7	138.8	1.8
Aug-24	145.0	140.8	1.6
Sep-24	149.0	142.8	2.7
Oct-24	150.2	144.6	0.8
Nov-24	150.7	146.1	0.3

Business turnover indicator, Construction subdivisions, seasonally adjusted
Reference month	Building construction (pts)	Construction (pts)
Nov-22	106.4	121.1
Dec-22	105.5	122.4
Jan-23	103.2	120.5
Feb-23	113.8	128.3
Mar-23	111.1	128.2
Apr-23	113.6	129.3
May-23	118.3	131.5
Jun-23	120.0	134.5
Jul-23	126.7	137.4
Aug-23	126.6	137.0
Sep-23	127.2	139.3
Oct-23	128.9	138.3
Nov-23	125.2	137.7
Dec-23	129.1	140.0
Jan-24	124.7	137.7
Feb-24	127.2	139.7
Mar-24	127.4	138.6
Apr-24	126.4	140.6
May-24	127.1	140.2
Jun-24	126.3	140.2
Jul-24	124.3	142.7
Aug-24	127.4	145.0
Sep-24	130.1	149.0
Oct-24	129.9	150.2
Nov-24	135.8	150.7

Wholesale trade

Business turnover indicator, Wholesale trade
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)	Monthly percentage change, seasonally adjusted (%)
Nov-22	129.0	128.5	-0.3
Dec-22	129.7	128.6	0.5
Jan-23	127.4	128.6	-1.8
Feb-23	127.6	128.8	0.2
Mar-23	130.4	129.1	2.2
Apr-23	129.4	129.4	-0.8
May-23	130.7	129.8	1.0
Jun-23	128.9	130.3	-1.4
Jul-23	130.2	130.8	0.9
Aug-23	131.4	131.2	0.9
Sep-23	132.7	131.2	1.0
Oct-23	132.9	130.7	0.2
Nov-23	129.9	129.8	-2.3
Dec-23	128.1	128.9	-1.4
Jan-24	127.5	128.3	-0.4
Feb-24	128.1	128.3	0.4
Mar-24	128.5	128.8	0.4
Apr-24	132.6	129.7	3.2
May-24	130.3	130.4	-1.7
Jun-24	130.1	130.8	-0.1
Jul-24	132.7	131.0	2.0
Aug-24	131.4	131.2	-1.0
Sep-24	130.2	131.5	-0.9
Oct-24	132.2	131.8	1.6
Nov-24	133.9	132.3	1.3

Business turnover indicator, Wholesale trade subdivisions, seasonally adjusted
Reference month	Basic material wholesaling (pts)	Machinery and equipment wholesaling (pts)	Motor vehicle and motor vehicle parts wholesaling (pts)	Grocery, liquor and tobacco product wholesaling (pts)	Other goods wholesaling (pts)	Commission-based wholesaling (pts)	Wholesale trade (pts)
Nov-22	139.1	133.1	122.5	113.2	135.7	95.3	129.0
Dec-22	141.8	133.1	122.2	114.6	133.7	93.7	129.7
Jan-23	130.5	136.8	120.4	114.4	134.1	101.1	127.4
Feb-23	127.3	140.9	124.9	114.6	133.6	79.4	127.6
Mar-23	140.5	144.2	121.8	114.4	125.4	81.3	130.4
Apr-23	131.9	143.6	126.5	113.9	133.0	72.2	129.4
May-23	128.6	147.1	131.5	114.9	134.2	79.3	130.7
Jun-23	123.7	146.4	136.4	114.2	126.9	74.6	128.9
Jul-23	128.0	144.7	135.3	112.4	135.1	72.2	130.2
Aug-23	130.3	144.8	141.4	110.7	131.5	77.9	131.4
Sep-23	129.4	146.2	147.6	110.7	131.3	81.9	132.7
Oct-23	134.6	145.7	143.8	110.3	131.8	69.8	132.9
Nov-23	124.5	144.1	143.6	111.6	131.6	68.3	129.9
Dec-23	124.3	143.8	137.3	109.0	130.6	66.3	128.1
Jan-24	121.4	143.5	137.4	109.9	133.8	59.5	127.5
Feb-24	124.7	143.9	131.4	109.5	135.7	72.7	128.1
Mar-24	123.8	140.3	141.2	109.6	134.2	73.5	128.5
Apr-24	132.3	145.5	142.3	110.7	136.2	70.2	132.6
May-24	126.3	144.1	139.6	111.9	135.5	71.3	130.3
Jun-24	124.6	146.3	138.6	112.0	135.5	69.6	130.1
Jul-24	128.7	149.3	141.4	112.9	135.9	71.1	132.7
Aug-24	125.0	147.9	137.8	114.8	139.2	71.0	131.4
Sep-24	124.7	146.7	136.5	111.5	137.5	73.4	130.2
Oct-24	126.8	151.3	138.8	111.8	136.3	75.7	132.2
Nov-24	130.8	153.8	136.7	112.4	136.4	84.0	133.9

Retail trade

Business turnover indicator, Retail trade
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)(a)	Monthly percentage change, seasonally adjusted (%)
Nov-22	142.7	140.2	1.5
Dec-22	140.2	140.0	-1.7
Jan-23	141.3	140.1	0.8
Feb-23	140.2	140.3	-0.7
Mar-23	140.6	140.3	0.2
Apr-23	141.2	140.3	0.4
May-23	139.8		-1.0
Jun-23	138.5	139.2	-0.9
Jul-23	137.4	140.4	-0.8
Aug-23	143.6	141.8	4.5
Sep-23	146.4	143.0	2.0
Oct-23	144.6	143.6	-1.3
Nov-23	146.2	143.7	1.1
Dec-23	140.7	143.6	-3.8
Jan-24	143.8	143.7	2.2
Feb-24	144.6	144.4	0.6
Mar-24	145.2	145.5	0.4
Apr-24	148.5	146.4	2.3
May-24	149.2	146.7	0.4
Jun-24	147.0	146.1	-1.5
Jul-24	144.5	145.0	-1.7
Aug-24	144.1	143.9	-0.3
Sep-24	143.0	143.1	-0.8
Oct-24	142.5	142.5	-0.3
Nov-24	144.2	142.1	1.2

Business turnover indicator, Retail trade subdivisions, seasonally adjusted
Reference month	Motor vehicle and motor vehicle parts retailing (pts)	Food retailing (pts)	Other store-based retailing (pts)	Non-store retailing and retail commission-based buying and/or selling (pts)	Retail trade (pts)
Nov-22	136.2	135.1	128.6	188.7	142.7
Dec-22	137.4	136.8	128.1	185.2	140.2
Jan-23	136.2	137.3	131.2	176.8	141.3
Feb-23	138.1	138.9	127.4	174.3	140.2
Mar-23	133.4	139.0	128.8	174.3	140.6
Apr-23	140.9	140.1	127.5	176.7	141.2
May-23	143.6	134.1	128.9	180.7	139.8
Jun-23	145.5	133.9	125.3	181.0	138.5
Jul-23	143.2	133.8	127.3	181.3	137.4
Aug-23	153.6	135.0	126.5	176.9	143.6
Sep-23	160.7	133.4	129.3	181.6	146.4
Oct-23	157.9	133.2	128.2	183.9	144.6
Nov-23	158.7	136.2	131.8	189.1	146.2
Dec-23	158.0	136.1	123.3	176.9	140.7
Jan-24	151.1	137.5	129.4	194.4	143.8
Feb-24	154.6	136.1	130.6	194.6	144.6
Mar-24	153.5	141.1	127.6	195.4	145.2
Apr-24	152.8	142.3	131.3	195.8	148.5
May-24	153.5	150.2	129.9	195.9	149.2
Jun-24	145.4	151.2	130.2	197.1	147.0
Jul-24	154.0	140.4	128.3	201.0	144.5
Aug-24	153.7	142.0	129.1	208.1	144.1
Sep-24	154.5	141.7	127.8	204.7	143.0
Oct-24	154.3	140.6	130.7	218.3	142.5
Nov-24	153.4	141.8	132.7	224.5	144.2

Accommodation and food services

Business turnover indicator, Accommodation and food services
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)	Monthly percentage change, seasonally adjusted (%)
Nov-22	125.3	128.4	0.8
Dec-22	127.1	129.5	1.4
Jan-23	128.3	130.7	1.0
Feb-23	129.6	131.8	1.0
Mar-23	129.7	132.5	0.1
Apr-23	129.4	133.0	-0.2
May-23	131.7	133.3	1.8
Jun-23	130.8	133.6	-0.7
Jul-23	130.5	134.0	-0.3
Aug-23	131.1	134.5	0.5
Sep-23	133.4	135.3	1.7
Oct-23	132.8	136.2	-0.4
Nov-23	134.1	137.2	0.9
Dec-23	135.8	137.9	1.3
Jan-24	135.7	138.4	-0.1
Feb-24	136.4	138.6	0.5
Mar-24	135.7	138.8	-0.5
Apr-24	135.1	139.2	-0.5
May-24	135.7	139.8	0.5
Jun-24	139.5	140.7	2.8
Jul-24	138.9	141.7	-0.4
Aug-24	139.7	142.7	0.6
Sep-24	139.3	143.6	-0.3
Oct-24	142.4	144.3	2.3
Nov-24	142.0	144.9	-0.3

Business turnover indicator, Accommodation and food services subdivisions, seasonally adjusted
Reference month	Accommodation (pts)	Food and beverage services (pts)	Accommodation and food services (pts)
Nov-22	120.7	126.6	125.3
Dec-22	118.7	129.4	127.1
Jan-23	119.0	130.9	128.3
Feb-23	119.0	132.5	129.6
Mar-23	118.7	132.7	129.7
Apr-23	122.4	131.4	129.4
May-23	121.1	134.7	131.7
Jun-23	126.7	132.0	130.8
Jul-23	120.8	133.1	130.5
Aug-23	118.7	134.6	131.1
Sep-23	127.2	135.2	133.4
Oct-23	126.7	134.5	132.8
Nov-23	124.6	136.7	134.1
Dec-23	129.2	137.7	135.8
Jan-24	130.9	137.0	135.7
Feb-24	134.4	137.0	136.4
Mar-24	128.1	137.8	135.7
Apr-24	126.4	137.5	135.1
May-24	128.8	137.6	135.7
Jun-24	130.5	142.0	139.5
Jul-24	130.9	141.2	138.9
Aug-24	130.6	142.3	139.7
Sep-24	132.9	141.0	139.3
Oct-24	134.8	144.5	142.4
Nov-24	136.4	143.6	142.0

Transport, postal and warehousing

Business turnover indicator, Transport, postal and warehousing
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)	Monthly percentage change, seasonally adjusted (%)
Nov-22	131.7	130.0	-0.4
Dec-22	128.4	128.6	-2.5
Jan-23	126.0	127.1	-1.9
Feb-23	125.8	125.8	-0.2
Mar-23	126.0	124.8	0.2
Apr-23	122.7	124.1	-2.6
May-23	124.4	123.6	1.4
Jun-23	124.0	123.4	-0.4
Jul-23	122.3	123.3	-1.3
Aug-23	123.3	123.3	0.8
Sep-23	124.5	123.6	1.0
Oct-23	124.7	124.2	0.1
Nov-23	123.8	125.2	-0.7
Dec-23	125.7	126.4	1.6
Jan-24	128.8	127.7	2.5
Feb-24	129.4	128.7	0.5
Mar-24	129.6	129.4	0.1
Apr-24	131.1	129.7	1.2
May-24	129.1	130.0	-1.5
Jun-24	128.3	130.2	-0.7
Jul-24	131.3	130.7	2.4
Aug-24	131.7	131.4	0.3
Sep-24	134.3	132.0	2.0
Oct-24	130.0	132.5	-3.2
Nov-24	134.0	133.1	3.0

Business turnover indicator, Transport, postal and warehousing subdivisions, seasonally adjusted
Reference month	Road transport (pts)	Rail transport (pts)	Other transport (pts)	Postal and courier pick-up and delivery services (pts)	Transport support services (pts)	Warehousing and storage services (pts)	Transport, postal and warehousing (pts)
Nov-22	131.9	119.3	92.2	161.1	150.5	149.9	131.7
Dec-22	132.0	122.8	92.8	160.0	146.5	131.0	128.4
Jan-23	132.4	134.7	95.6	163.7	139.3	139.9	126.0
Feb-23	132.0	126.8	91.1	161.5	136.8	150.9	125.8
Mar-23	133.4	142.5	90.1	158.6	135.6	140.8	126.0
Apr-23	131.3	129.6	91.4	154.4	133.0	132.5	122.7
May-23	134.3	127.7	92.5	160.4	132.5	133.6	124.4
Jun-23	133.6	132.9	95.6	159.5	128.8	129.7	124.0
Jul-23	129.7	135.5	92.2	157.5	127.4	125.1	122.3
Aug-23	134.2	134.9	89.9	163.3	125.2	105.9	123.3
Sep-23	136.3	140.3	91.4	163.0	124.5	120.6	124.5
Oct-23	139.4	137.1	93.2	154.8	124.7	121.4	124.7
Nov-23	142.7	138.5	95.3	168.6	126.0	118.9	123.8
Dec-23	134.1	139.3	93.8	167.9	127.6	110.2	125.7
Jan-24	139.3	136.9	93.6	168.4	132.4	105.8	128.8
Feb-24	137.6	139.3	95.1	166.5	135.1	107.4	129.4
Mar-24	137.0	136.1	100.5	166.2	134.8	122.3	129.6
Apr-24	139.5	137.0	97.9	170.4	140.4	100.7	131.1
May-24	141.0	143.4	99.7	168.4	132.1	102.3	129.1
Jun-24	136.8	138.5	103.6	173.2	133.6	101.0	128.3
Jul-24	143.6	132.5	109.2	176.1	140.4	107.9	131.3
Aug-24	142.8	131.6	112.4	166.2	134.4	115.7	131.7
Sep-24	146.4	136.5	104.4	174.3	136.8	118.8	134.3
Oct-24	146.2	140.4	108.7	170.4	138.9	113.9	130.0
Nov-24	145.0	145.2	105.5	169.2	140.5	119.8	134.0

Information media and telecommunications

Business turnover indicator, Information media and telecommunications
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)	Monthly percentage change, seasonally adjusted (%)
Nov-22	117.9	119.1	0.3
Dec-22	119.0	119.4	0.9
Jan-23	116.7	119.6	-1.9
Feb-23	119.2	120.0	2.1
Mar-23	119.4	120.7	0.2
Apr-23	115.9	121.6	-3.0
May-23	122.1	122.6	5.4
Jun-23	126.0	123.4	3.2
Jul-23	122.4	123.9	-2.8
Aug-23	118.0	124.1	-3.6
Sep-23	124.7	123.9	5.7
Oct-23	122.3	123.6	-2.0
Nov-23	122.2	123.7	-0.1
Dec-23	121.4	124.2	-0.6
Jan-24	123.5	125.1	1.7
Feb-24	124.0	126.6	0.3
Mar-24	128.0	128.4	3.3
Apr-24	126.9	130.5	-0.9
May-24	130.0	132.1	2.5
Jun-24	135.3	132.9	4.1
Jul-24	131.4	133.0	-2.9
Aug-24	128.3	132.7	-2.4
Sep-24	131.7	132.2	2.7
Oct-24	128.4	131.9	-2.5
Nov-24	130.8	131.4	1.9

Business turnover indicator, Information media and telecommunications subdivisions, seasonally adjusted
Reference month	Publishing (except internet and music publishing) (pts)	Motion picture and sound recording activities (pts)	Broadcasting (except internet) (pts)	Telecommunications services (pts)	Internet service providers, web search portals and data processing services (pts)	Information media and telecommunications (pts)
Nov-22	250.1	118.9	98.1	95.9	93.3	117.9
Dec-22	258.2	116.5	92.3	97.1	96.0	119.0
Jan-23	272.8	115.4	93.5	90.7	91.3	116.7
Feb-23	250.8	115.5	92.9	99.1	94.2	119.2
Mar-23	267.3	119.7	94.5	95.0	96.1	119.4
Apr-23	262.6	110.1	83.6	93.4	95.0	115.9
May-23	277.6	120.4	93.7	96.0	104.4	122.1
Jun-23	306.9	122.2	88.3	98.2	100.8	126.0
Jul-23	297.6	122.6	91.8	92.8	103.3	122.4
Aug-23	283.7	121.9	90.0	88.9	101.9	118.0
Sep-23	293.6	124.3	91.1	97.3	103.1	124.7
Oct-23	291.3	112.2	89.6	94.1	108.7	122.3
Nov-23	285.1	114.4	84.1	95.9	110.3	122.2
Dec-23	291.7	121.9	76.0	93.7	112.6	121.4
Jan-24	297.5	118.4	86.5	93.9	115.6	123.5
Feb-24	308.1	116.6	81.4	95.6	101.7	124.0
Mar-24	319.8	114.1	87.6	96.0	119.3	128.0
Apr-24	331.6	113.5	82.0	92.0	124.4	126.9
May-24	340.9	113.7	84.8	95.0	123.5	130.0
Jun-24	347.7	116.6	90.9	100.6	124.6	135.3
Jul-24	343.6	113.2	87.7	96.0	123.7	131.4
Aug-24	313.0	121.1	88.9	94.6	131.5	128.3
Sep-24	327.9	123.5	87.8	96.0	139.5	131.7
Oct-24	323.9	120.0	84.7	93.7	132.4	128.4
Nov-24	336.9	121.5	83.6	93.7	141.2	130.8

Professional, scientific and technical services

Business turnover indicator, Professional, scientific and technical services
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)	Monthly percentage change, seasonally adjusted (%)
Nov-22	117.9	119.0	-1.9
Dec-22	120.1	119.4	1.9
Jan-23	117.2	119.8	-2.4
Feb-23	120.2	120.2	2.6
Mar-23	120.8	120.7	0.5
Apr-23	121.6	121.3	0.6
May-23	122.4	121.9	0.6
Jun-23	120.6	122.3	-1.5
Jul-23	122.8	122.7	1.9
Aug-23	123.0	123.2	0.2
Sep-23	123.2	123.8	0.2
Oct-23	124.0	124.3	0.6
Nov-23	125.4	124.6	1.1
Dec-23	123.9	124.7	-1.2
Jan-24	125.8	124.8	1.5
Feb-24	123.7	125.0	-1.7
Mar-24	123.8	125.6	0.1
Apr-24	127.2	126.6	2.8
May-24	126.8	127.6	-0.4
Jun-24	129.4	128.6	2.1
Jul-24	129.5	129.1	0.1
Aug-24	129.0	129.3	-0.4
Sep-24	128.7	129.3	-0.2
Oct-24	128.5	129.2	-0.2
Nov-24	128.8	129.1	0.2

Business turnover indicator, Professional, scientific and technical services subdivisions, seasonally adjusted
Reference month	Professional, scientific and technical services (except computer system design and related services) (pts)	Computer system design and related services (pts)	Professional, scientific and technical services (pts)
Nov-22	115.4	125.8	117.9
Dec-22	118.5	125.5	120.1
Jan-23	114.6	125.7	117.2
Feb-23	117.8	128.1	120.2
Mar-23	119.1	126.5	120.8
Apr-23	120.1	126.4	121.6
May-23	119.1	132.9	122.4
Jun-23	119.1	125.3	120.6
Jul-23	120.6	129.8	122.8
Aug-23	120.7	130.2	123.0
Sep-23	120.1	133.4	123.2
Oct-23	122.2	129.8	124.0
Nov-23	123.3	132.0	125.4
Dec-23	122.0	130.0	123.9
Jan-24	123.8	131.9	125.8
Feb-24	122.8	126.6	123.7
Mar-24	120.8	133.4	123.8
Apr-24	125.2	134.0	127.2
May-24	126.3	128.4	126.8
Jun-24	126.2	139.7	129.4
Jul-24	127.1	137.4	129.5
Aug-24	125.8	139.2	129.0
Sep-24	126.9	134.8	128.7
Oct-24	125.9	136.8	128.5
Nov-24	125.9	138.0	128.8

Administrative and support services

Business turnover indicator, Administrative and support services
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)	Monthly percentage change, seasonally adjusted (%)
Nov-22	107.0	107.8	-0.7
Dec-22	109.0	108.9	1.9
Jan-23	110.1	109.7	1.1
Feb-23	111.4	110.2	1.1
Mar-23	112.6	110.5	1.1
Apr-23	108.6	110.7	-3.5
May-23	111.3	110.9	2.5
Jun-23	110.3	111.3	-0.9
Jul-23	113.4	111.8	2.9
Aug-23	112.8	112.2	-0.5
Sep-23	113.8	112.5	0.9
Oct-23	111.1	112.5	-2.4
Nov-23	113.4	112.4	2.0
Dec-23	112.8	112.7	-0.5
Jan-24	112.4	113.2	-0.4
Feb-24	114.1	113.9	1.5
Mar-24	115.5	114.5	1.3
Apr-24	116.6	114.9	0.9
May-24	114.5	115.0	-1.8
Jun-24	115.3	114.9	0.7
Jul-24	114.7	114.8	-0.5
Aug-24	114.7	115.0	0.0
Sep-24	115.8	115.4	1.0
Oct-24	116.2	115.8	0.3
Nov-24	117.3	116.3	0.9

Arts and recreation services

Business turnover indicator, Arts and recreation services
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)	Monthly percentage change, seasonally adjusted (%)
Nov-22	133.8	135.6	-0.3
Dec-22	126.3	135.0	-5.6
Jan-23	126.6	134.3	0.3
Feb-23	128.3	134.1	1.3
Mar-23	132.1	134.7	2.9
Apr-23	131.5	135.7	-0.4
May-23	130.4	136.7	-0.9
Jun-23	133.3	137.2	2.2
Jul-23	131.7	137.2	-1.2
Aug-23	132.4	136.9	0.5
Sep-23	133.6	136.7	0.9
Oct-23	129.7	137.0	-2.9
Nov-23	130.4	137.9	0.6
Dec-23	135.8	139.3	4.1
Jan-24	133.6	140.6	-1.6
Feb-24	140.8	141.5	5.4
Mar-24	137.8	141.7	-2.1
Apr-24	133.1	141.3	-3.4
May-24	136.3	140.8	2.4
Jun-24	134.2	140.9	-1.5
Jul-24	137.0	141.9	2.0
Aug-24	137.3	143.4	0.2
Sep-24	139.9	144.9	1.9
Oct-24	143.3	146.3	2.5
Nov-24	141.1	147.3	-1.5

Business turnover indicator, Arts and recreation services subdivisions, seasonally adjusted
Reference month	Sports and recreation activities (pts)	Gambling activities (pts)	Arts and recreation services (pts)
Nov-22	137.2	133.6	133.8
Dec-22	126.2	127.7	126.3
Jan-23	126.7	128.7	126.6
Feb-23	129.0	128.3	128.3
Mar-23	132.8	130.4	132.1
Apr-23	129.7	137.7	131.5
May-23	133.1	132.9	130.4
Jun-23	131.3	135.1	133.3
Jul-23	132.2	135.7	131.7
Aug-23	131.7	135.7	132.4
Sep-23	130.2	141.1	133.6
Oct-23	128.8	133.9	129.7
Nov-23	129.0	135.9	130.4
Dec-23	133.7	142.3	135.8
Jan-24	122.8	148.4	133.6
Feb-24	133.2	153.6	140.8
Mar-24	132.9	142.0	137.8
Apr-24	135.2	135.5	133.1
May-24	127.2	148.1	136.3
Jun-24	133.7	138.6	134.2
Jul-24	137.8	139.5	137.0
Aug-24	132.6	146.2	137.3
Sep-24	139.7	142.4	139.9
Oct-24	139.6	150.5	143.3
Nov-24	139.2	144.5	141.1

Other services

Business turnover indicator, Other services
Reference month	Business turnover index, seasonally adjusted (pts)	Business turnover index, trend (pts)	Monthly percentage change, seasonally adjusted (%)
Nov-22	122.8	121.0	3.3
Dec-22	120.9	122.5	-1.5
Jan-23	124.8	124.1	3.2
Feb-23	125.2	125.9	0.3
Mar-23	126.6	127.6	1.1
Apr-23	127.4	129.1	0.6
May-23	132.0	130.2	3.6
Jun-23	132.5	130.8	0.3
Jul-23	131.0	130.9	-1.1
Aug-23	127.1	130.7	-3.0
Sep-23	130.8	130.7	2.9
Oct-23	129.6	130.7	-0.9
Nov-23	132.9	131.0	2.5
Dec-23	130.6	131.3	-1.7
Jan-24	131.1	131.6	0.4
Feb-24	131.7	131.9	0.5
Mar-24	129.9	132.1	-1.4
Apr-24	134.1	132.5	3.3
May-24	133.7	133.2	-0.3
Jun-24	132.4	134.1	-0.9
Jul-24	133.6	135.1	0.9
Aug-24	135.9	136.1	1.7
Sep-24	138.4	136.9	1.8
Oct-24	138.4	137.6	0.0
Nov-24	136.1	138.1	-1.7

Data downloads

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Time series spreadsheets

Data files

Table 01: Business turnover indicator, 13-industry summary - Monthly percentage change and index
Download xlsx [142.53 KB]
Table 02: Business turnover indicator, Mining - Monthly percentage change and index
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Table 03: Business turnover indicator, Manufacturing - Monthly percentage change and index
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Table 04: Business turnover indicator, Electricity, gas, water and waste services - Monthly percentage change and index
Download xlsx [60.05 KB]
Table 05: Business turnover indicator, Construction - Monthly percentage change and index
Download xlsx [59.56 KB]
Table 06: Business turnover indicator, Wholesale trade - Monthly percentage change and index
Download xlsx [93.98 KB]
Table 07: Business turnover indicator, Retail trade - Monthly percentage change and index
Download xlsx [83.62 KB]
Table 08: Business turnover indicator, Accommodation and food services - Monthly percentage change and index
Download xlsx [69.99 KB]
Table 09: Business turnover indicator, Transport, postal and warehousing - Monthly percentage change and index
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Table 10: Business turnover indicator, Information media and telecommunications - Monthly percentage change and index
Download xlsx [88.14 KB]
Table 11: Business turnover indicator, Professional, scientific and technical services - Monthly percentage change and index
Download xlsx [65.81 KB]
Table 12: Business turnover indicator, Administrative support services - Monthly percentage change and index
Download xlsx [53.03 KB]
Table 13: Business turnover indicator, Arts and recreation services - Monthly percentage change and index
Download xlsx [70.94 KB]
Table 14: Business turnover indicator, Other services - Monthly percentage change and index
Download xlsx [53.15 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, November 2024

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APA

Monthly Business Turnover Indicator

APA

Key statistics

13-Industry aggregate

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, 13-industry summary - 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

Business turnover up 2.0% in November

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