City of AlbanyEconomic profile
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City of Albany

Industry composition

In 2018, the Household services sector accounted for 40.1% of employment in the City of Albany. The importance of this sector has increased over the last 10 years (34.5% in 2008)

Understanding the economic role of the City of Albany provides a framework for understanding what policy responses and investment may be appropriate to support the growth of businesses and maintenance of a vibrant economy in the future.

The charts and table below give a broad overview of the role and function of your economy. It helps answer questions such as:

  • How much of the the City of Albany's economy is driven by meeting the local population needs?
  • What proportion of jobs in the area are in goods production or selling of products?
  • In which broad sectors are the key strengths of the local economy?
  • What contribution do business services make in your area and is it growing?
  • Is there a presence of local, state and federal government workers in in the area?

Once you have developed a broad picture of your economy, you can then drill down further with all the detail here.

Employment composition
Employment composition Mining, 2018: 0.2% Public administration and safety, 2018: 6.2% Agriculture, forestry and fishing, 2018: 8.8% Business services, 2018: 10.1% Goods related, 2018: 34.6% Household services, 2018: 40.1% Mining, 2013: 0.6% Public administration and safety, 2013: 6.6% Agriculture, forestry and fishing, 2013: 8.8% Business services, 2013: 12.2% Goods related, 2013: 35.2% Household services, 2013: 36.6% Mining, 2008: 0.3% Public administration and safety, 2008: 6.1% Agriculture, forestry and fishing, 2008: 7.9% Business services, 2008: 13.6% Goods related, 2008: 37.6% Household services, 2008: 34.5%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in by .id the population experts
Employment composition
City of Albany201820132008
Household services7,31940.15,64636.65,09734.5
Goods related6,32334.65,44235.25,56137.6
Business services1,83610.11,88412.22,00213.6
Agriculture, forestry and fishing1,6158.81,3598.81,1687.9
Public administration and safety1,1326.21,0236.69066.1

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. Compiled and presented in by .id , the population experts.

Data are based on a 2016-17 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn more