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The NSW economy: an update

Publisher
Economics Australia
Resources
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download linkapo-nid1769.pdf 430.55 KB
Description

New South Wales has been experiencing a massive re-organisation of production, from the period of Britain’s entry into the European Economic Community (1973) and throughout the subsequent global slumps of 1973-74, 1980-81 and 1990-92. Agriculture (which contributed significantly to the state’s exports), and manufacturing (which produced relatively large quantities of goods for the local market), have both diminished. Services, by the 21st century, have become the dominant area of production: both in terms of activity on a domestic level and in the area of exports.

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