Understanding the economic role of Strathfield 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 Strathfield 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 | ||||||
---|---|---|---|---|---|---|
Strathfield Council area | 2023 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 163 | 0.7 | 189 | 0.7 | 71 | 0.3 |
Mining | 0 | 0 | 0 | 0 | 0 | 0 |
Goods related | 13,477 | 56.3 | 16,354 | 61.7 | 17,307 | 65.4 |
Household services | 5,515 | 23.0 | 5,317 | 20.0 | 5,189 | 19.6 |
Business services | 3,743 | 15.6 | 4,036 | 15.2 | 3,379 | 12.8 |
Public administration and safety | 1,053 | 4.4 | 628 | 2.4 | 511 | 1.9 |
Total Industries | 23,951 | 100.0 | 26,524 | 100.0 | 26,456 | 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 |