Understanding the economic role of Northern Midlands 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 Northern Midlands'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 | ||||||
|---|---|---|---|---|---|---|
| Northern Midlands | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 1,347 | 18.7 | 969 | 17.2 | 891 | 17.4 |
| Mining | 98 | 1.4 | 41 | 0.7 | 82 | 1.6 |
| Goods related | 3,759 | 52.1 | 2,999 | 53.2 | 2,532 | 49.5 |
| Household services | 1,331 | 18.4 | 1,066 | 18.9 | 1,037 | 20.2 |
| Business services | 428 | 5.9 | 392 | 7.0 | 325 | 6.4 |
| Public administration and safety | 255 | 3.5 | 168 | 3.0 | 253 | 4.9 |
| Total Industries | 7,218 | 100.0 | 5,635 | 100.0 | 5,120 | 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 | ||||||