Understanding the economic role of Hobsons Bay 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 Hobsons Bay 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.
| Employment composition | ||||||
|---|---|---|---|---|---|---|
| Hobsons Bay City | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 76 | 0.2 | 207 | 0.5 | 73 | 0.2 |
| Mining | 74 | 0.2 | 74 | 0.2 | 43 | 0.1 |
| Goods related | 24,199 | 56.4 | 25,469 | 59.7 | 27,140 | 64.7 |
| Household services | 12,272 | 28.6 | 11,124 | 26.1 | 9,326 | 22.2 |
| Business services | 4,780 | 11.1 | 4,158 | 9.7 | 3,699 | 8.8 |
| Public administration and safety | 1,521 | 3.5 | 1,656 | 3.9 | 1,693 | 4.0 |
| Total Industries | 42,922 | 100.0 | 42,688 | 100.0 | 41,973 | 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 | ||||||