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According to business information research firm IBISWorld’s latest forecast, the oil and gas production industry was highlighted as this year’s top industry performer with revenue growth predicted to increase by 18.3% in 2011/12. Conversely, gaming and vending machines manufacturing was named as the worst performing industry, with a forecasted revenue fall of 12.6%. Full lists are outlined below.

 

IBISWorld’s Top 10 growth industries for 2011/12:

1.    Oil and gas production (18.3%)

2.    Sugar manufacturing (16.3%)

3.    Organic farming (13.0%)

4.    Mining (12.9%)

5.    Automotive fuel retailing (10.9%)

6.    Multi-unit apartment and townhouse construction (10.6%)

7.    Financial asset investors (9.8%)

8.    Renewable energy (9.7%)

9.    Online shopping (9.0%)

10.  Domestic airlines (9.0%)

 

IBISWorld’s Top 5 worst-performing industries for 2011/12:

1.    Gaming and vending machines manufacturing (-12.6%)

2.    Wired telecommunications carriers (-7.6%)

3.    Institutional building construction (-7.3%)

4.    Image processing and printing services (-4.9%)

5.    Book and telephone directory publishing (-2.4%)

 

Source: Human Capital (HC) Online – article posted 7^th July 2011

 

 

Cheers,

Annie Cerone

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This entry was posted on Wednesday, September 14th, 2011 at 8:42 am and is filed under Job Market Australia. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.