Understanding the economic role of MidCoast 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 the MidCoast Council area'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 | ||||||
|---|---|---|---|---|---|---|
| MidCoast Council area | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 1,850 | 5.2 | 1,913 | 6.0 | 1,963 | 6.3 |
| Mining | 306 | 0.9 | 303 | 1.0 | 552 | 1.8 |
| Goods related | 12,467 | 35.1 | 11,138 | 35.0 | 11,638 | 37.5 |
| Household services | 15,270 | 43.0 | 13,524 | 42.4 | 12,189 | 39.3 |
| Business services | 4,111 | 11.6 | 3,749 | 11.8 | 3,423 | 11.0 |
| Public administration and safety | 1,543 | 4.3 | 1,238 | 3.9 | 1,253 | 4.0 |
| Total Industries | 35,546 | 100.0 | 31,866 | 100.0 | 31,018 | 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 | ||||||