Understanding the economic role of Edward River 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 Edward River 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.
| Employment composition | ||||||
|---|---|---|---|---|---|---|
| Edward River Council | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 643 | 15.3 | 621 | 14.9 | 760 | 17.9 |
| Mining | 0 | 0 | 0 | 0 | 0 | 0 |
| Goods related | 1,273 | 30.3 | 1,487 | 35.6 | 1,519 | 35.7 |
| Household services | 1,637 | 38.9 | 1,422 | 34.1 | 1,273 | 29.9 |
| Business services | 390 | 9.3 | 420 | 10.0 | 450 | 10.6 |
| Public administration and safety | 261 | 6.2 | 226 | 5.4 | 249 | 5.9 |
| Total Industries | 4,204 | 100.0 | 4,177 | 100.0 | 4,251 | 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 | ||||||