Understanding the economic role of Fairfield City 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 Fairfield City'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 | ||||||
---|---|---|---|---|---|---|
Fairfield City | 2023 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 509 | 0.7 | 348 | 0.5 | 255 | 0.4 |
Mining | 89 | 0.1 | 46 | 0.1 | 69 | 0.1 |
Goods related | 36,535 | 52.5 | 36,859 | 53.8 | 34,555 | 55.6 |
Household services | 22,851 | 32.8 | 22,154 | 32.3 | 19,157 | 30.8 |
Business services | 7,224 | 10.4 | 6,692 | 9.8 | 5,643 | 9.1 |
Public administration and safety | 2,413 | 3.5 | 2,454 | 3.6 | 2,439 | 3.9 |
Total Industries | 69,622 | 100.0 | 68,552 | 100.0 | 62,116 | 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 |