Understanding the economic role of Shire of Northam 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 Shire of Northam'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 | ||||||
|---|---|---|---|---|---|---|
| Shire of Northam | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 246 | 4.4 | 300 | 6.3 | 386 | 8.0 |
| Mining | 20 | 0.4 | 39 | 0.8 | 53 | 1.1 |
| Goods related | 2,115 | 38.2 | 1,738 | 36.4 | 1,844 | 38.4 |
| Household services | 2,053 | 37.1 | 1,656 | 34.7 | 1,651 | 34.3 |
| Business services | 435 | 7.9 | 464 | 9.7 | 481 | 10.0 |
| Public administration and safety | 667 | 12.0 | 573 | 12.0 | 393 | 8.2 |
| Total Industries | 5,535 | 100.0 | 4,771 | 100.0 | 4,808 | 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 | ||||||