Understanding the economic role of Armidale Regional Council 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 Armidale Regional Council'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.
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Employment composition | ||||||
---|---|---|---|---|---|---|
Armidale Regional Council | 2023 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 1,450 | 9.0 | 1,467 | 10.2 | 1,440 | 10.3 |
Mining | 90 | 0.6 | 66 | 0.5 | 57 | 0.4 |
Goods related | 4,312 | 26.8 | 3,522 | 24.6 | 3,735 | 26.6 |
Household services | 7,593 | 47.2 | 6,748 | 47.1 | 6,322 | 45.1 |
Business services | 1,763 | 11.0 | 1,849 | 12.9 | 1,723 | 12.3 |
Public administration and safety | 868 | 5.4 | 668 | 4.7 | 738 | 5.3 |
Total Industries | 16,075 | 100.0 | 14,318 | 100.0 | 14,017 | 100.0 |
Source: National Institute of Economic and Industry Research (NIEIR) ©2024. ©2023. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2020-21 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. Please refer to specific data notes for more information |