Inner West Council

What is economy.id?

economy.id is a comprehensive economic profile of your Local Government Area, providing you with access to a range of different datasets to build a cohesive story of your local economy, how it is changing and how it compares to other areas.

What does it look like?

economy.id is presented online as a web application. It includes tables, charts and maps with benchmarking, time series and written analysis on trends and key points of interest.

What information is included?

economy.id provides comprehensive data structured to build a narrative about the local economy.

Introduction

  • Home
  • About the area
  • Infrastructure

Economic indicators

  • Population
  • Gross product
  • Unemployment
  • Building approvals
  • Retail trade
  • Consumer Price Index

Workforce profiles

  • Employment (Census)
  • Key statistics
  • Age structure
  • Hours worked
  • Occupations
  • Qualifications
  • Field of Qualification
  • Income

Size

  • Gross Regional Product

Structure

  • Employment (FTE)
  • Employment (total)
  • Value added
  • Output
  • Exports
  • Imports
  • Local sales
  • Worker productivity
  • Businesses

Skills available

  • Key statistics
  • Industry
  • Age structure
  • Hours worked
  • Occupations
  • Qualifications
  • Field of qualification
  • Income

Contribution

  • Industry sector analysis

Spatial economy

  • Employment locations

Journey to work

  • Workers place of residence by industry
  • Residents place of work by industry
  • Workers place of residence by occupation
  • Residents place of residence by occupation

Self containment

  • Employment self-containment
  • Employment self-sufficiency

Local market

  • Market characteristics

What if analysis

  • Economic impact model
  • Supporting information

How often is the data updated?

Data in economy.id is regularly updated. Economic indicators are updated quarterly. Modelled data on employment, industry value, and business counts are updated annually and Census data every 5 years. Notifications of updates are provided in the news section on the home page.

Where does the data come from?

Because reliable primary economic data sets generally only exist at the national and state level at best, we partner with National Economics (NIEIR). NIEIR are recognised as industry leaders in the development and provision of robust economic modelling at the LGA level. Other data sources in economy.id include:

  • ABS Census
  • ABS Place of Work
  • ABS Journey to Work
  • ABS Business Register
  • ABS National Accounts
  • ABS Labour Force Survey
  • Department of Education, Employment and Workplace Relations (DEEWR) Small Area Labour Markets
  • ABS Building Approvals
  • ABS Estimated Resident Population (ERP)
  • ABS Consumer Price Index
  • ABS Retail Business Survey

Inner West Council

economic profile