Understanding the economic role of Tamworth Regional 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 Tamworth Regional Council'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 | ||||||
|---|---|---|---|---|---|---|
| Tamworth Regional Council | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 1,704 | 5.2 | 1,837 | 6.6 | 1,783 | 6.7 |
| Mining | 64 | 0.2 | 73 | 0.3 | 69 | 0.3 |
| Goods related | 12,122 | 36.8 | 10,450 | 37.4 | 10,555 | 39.6 |
| Household services | 13,742 | 41.8 | 10,759 | 38.5 | 9,554 | 35.8 |
| Business services | 3,371 | 10.2 | 3,196 | 11.4 | 3,131 | 11.7 |
| Public administration and safety | 1,901 | 5.8 | 1,640 | 5.9 | 1,593 | 6.0 |
| Total Industries | 32,905 | 100.0 | 27,955 | 100.0 | 26,687 | 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 | ||||||