Understanding the economic role of Central Coast NSW 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 Central Coast Council area'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 | ||||||
---|---|---|---|---|---|---|
Central Coast Council area | 2022 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 1,205 | 0.9 | 1,140 | 0.9 | 1,087 | 1.0 |
Mining | 505 | 0.4 | 856 | 0.7 | 665 | 0.6 |
Goods related | 48,276 | 36.3 | 45,175 | 37.3 | 43,338 | 39.0 |
Household services | 57,360 | 43.1 | 51,558 | 42.6 | 44,909 | 40.5 |
Business services | 18,921 | 14.2 | 16,352 | 13.5 | 14,912 | 13.4 |
Public administration and safety | 6,778 | 5.1 | 6,033 | 5.0 | 6,086 | 5.5 |
Total Industries | 133,045 | 100.0 | 121,113 | 100.0 | 110,996 | 100.0 |
Source: National Institute of Economic and Industry Research (NIEIR) ©2023. ©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 |