Understanding the economic role of Meander Valley 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 Meander Valley 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 | ||||||
---|---|---|---|---|---|---|
Meander Valley Council | 2023 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 1,044 | 16.9 | 971 | 15.6 | 904 | 15.5 |
Mining | 138 | 2.2 | 129 | 2.1 | 68 | 1.2 |
Goods related | 2,353 | 38.1 | 2,218 | 35.5 | 2,385 | 40.8 |
Household services | 1,961 | 31.8 | 2,247 | 36.0 | 1,820 | 31.1 |
Business services | 472 | 7.6 | 408 | 6.5 | 403 | 6.9 |
Public administration and safety | 204 | 3.3 | 269 | 4.3 | 265 | 4.5 |
Total Industries | 6,172 | 100.0 | 6,242 | 100.0 | 5,844 | 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 |