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Cafes and gyms feel pain, but mining and manufacturing spared

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Cafes and gyms feel pain, but mining and manufacturing spared

New data from the Australian Bureau of Statistics has revealed the winners and losers from the widespread lockdowns that occurred in July and August.

Accommodation & food services was the industry that suffered the biggest fall, with the industry experiencing a 16.6% month-on-month decline in turnover in July and then another 6.5% decline in August.

Construction (-2.9% and -0.1%) and other services (-2.2% and -5.5%) were the only other industries to experience turnover declines in both July and August.

Conversely, the mining sector increased its turnover by 4.6% in July and 0.1% in August.

Manufacturing (1.2% and 0.9%) and wholesale trade (0.6% and 1.0%) also expanded in both months.

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