Ipswich City CouncilInvesting in IpswichIpswich is one of Queensland's most progressive, beautiful and rapidly developing regions. Ipswich is a great place to do business and a great place to invest! Ipswich has a strong and diverse economy with many exciting opportunities for investors.
Economic SnapshotThe Gross Regional Product for Ipswich totals almost $2.7 billion annually. The major contributors to the Ipswich economy, accounting for more than $1.4 billion are:
The total annual industry production for Ipswich exceeds $4.8 billion. The major producers of goods and services, accounting for 58% of total production are:
Ipswich industries purchase almost $1.5 billion of goods and services from local Ipswich industries each year, as input into production. However, slightly more than $1 billion of additional inputs are imported from outside the City. Ipswich residents consume almost $1.1 billion of goods and services annually from local industries. However, a further $252 million is consumed directly out of the city. This equates to 19% of consumer spending or $1,900 per resident being spent annually outside the local economy. In excess of $1.4 billion of goods and services are exported from Ipswich each year. The Manufacturing industry alone accounts for over half of the total value of exports, with Government Administration and Defence and Mining also significantly contributing. (Source: Ipswich City Council Corporate Plan 2002-2007)
Last Updated 15 Jan 2008 |
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