City of Parramatta Economic Insight Report - December 2019

 KEY INSIGHTS  

  • Gross Regional Product (market prices plus indirect taxes) in the December 2019 quarter was estimated at $7,755M,  up $97.5M (1.3%) from the September quarter.
    The quarter total was 6.5% higher than that experienced in the same quarter the year before.

  • There were an estimated 1,017 new GST registered businesses in the City of Parramatta in the December 2019 quarter and 523 cancellations.

  • The net growth of 494 businesses was down from the same quarter in the previous year (+626).

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