Understanding the economic role of City of Melton 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 Melton'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 Melton | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 423 | 0.8 | 395 | 1.3 | 170 | 0.8 |
| Mining | 154 | 0.3 | 134 | 0.4 | 118 | 0.5 |
| Goods related | 23,132 | 45.4 | 12,391 | 41.5 | 9,168 | 42.4 |
| Household services | 18,121 | 35.6 | 11,863 | 39.7 | 8,172 | 37.8 |
| Business services | 5,169 | 10.1 | 2,841 | 9.5 | 2,391 | 11.0 |
| Public administration and safety | 3,941 | 7.7 | 2,227 | 7.5 | 1,629 | 7.5 |
| Total Industries | 50,940 | 100.0 | 29,851 | 100.0 | 21,648 | 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 | ||||||