City economic insights

A snapshot that explores emerging economic and business trends and seeks to understand their longer-term impacts on the city.

Published
Groups of people enjoy outdoor dining and socialising on suburban streets

These periodic studies show how people use, visit and spend in the city.

Takeaways

  • Growth in spend is a sign of the city ’s resilience amid uncertainty. Weekly average consumer spend in April 2025 was $251 million, up 2.3% year-on-year.
  • The largest contributors to total spend in the city are 25 to 34-year-olds making up 25% of total spend. But their spend is declining, down 2.2% in the year to April 2025.
  • Decline in the bar and club spend of the 25 to 34-year-old age group was 10% in the year to April 2025, compared with the previous year. This is more than double the decline in spend by 55 to 64-year-olds and those aged 65+. In contrast, dining spend remained resilient despite cost-of-living pressures across all age groups.
  • The City of Sydney local area has more than double the share across NSW of 25 to 34-year-olds. This age group represents 33% of the local resident population.