Understanding the economic role of Northern Tasmania Region 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 Northern Midlands 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.
Current area:
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| Employment composition | ||||||
|---|---|---|---|---|---|---|
| Northern Midlands Council area | 2020 | 2015 | 2010 | |||
| Industry | number | $ | number | % | number | % |
| Agriculture, forestry and fishing | 1,118 | 19.5 | 966 | 17.6 | 1,001 | 20.5 |
| Mining | 15 | 0.3 | 24 | 0.4 | 28 | 0.6 |
| Goods related | 2,988 | 52.2 | 2,861 | 52.0 | 2,288 | 46.8 |
| Household services | 1,060 | 18.5 | 1,063 | 19.3 | 992 | 20.3 |
| Business services | 360 | 6.3 | 385 | 7.0 | 330 | 6.8 |
| Public administration and safety | 180 | 3.2 | 200 | 3.6 | 250 | 5.1 |
| Total Industries | 5,721 | 100.0 | 5,498 | 100.0 | 4,889 | 100.0 |
Source: National Institute of Economic and Industry Research (NIEIR) ©2021. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2016-17 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 | ||||||