City of Knox

Industry composition

In 2021, the Goods related sector accounted for 55.3% of employment in City of Knox. The importance of this sector has declined over the last 10 years (59.0% in 2011)

Understanding the economic role of City of Knox 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 the City of Knox'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
City of Knox202120162011
Industrynumber$number%. number%.
Agriculture, forestry and fishing3940.51640.21630.2
Mining1390.21450.21050.1
Goods related42,01155.341,91955.043,04859.0
Household services22,22629.222,41729.419,27026.4
Business services9,20812.19,47912.48,49411.6
Public administration and safety2,0572.72,1122.81,9322.6
Total Industries76,036100.076,236100.073,012100.0

Source: National Institute of Economic and Industry Research (NIEIR) ©2021. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2018-19 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

City of Knox

economic profile