Understanding the economic role of Upper Lachlan Shire 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 Upper Lachlan Shire'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 | ||||||
---|---|---|---|---|---|---|
Upper Lachlan Shire | 2023 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 987 | 31.9 | 1,105 | 38.1 | 1,088 | 40.4 |
Mining | 0 | 0 | 0 | 0 | 7 | 0.3 |
Goods related | 875 | 28.2 | 637 | 21.9 | 623 | 23.2 |
Household services | 830 | 26.8 | 767 | 26.4 | 679 | 25.2 |
Business services | 231 | 7.5 | 243 | 8.4 | 174 | 6.4 |
Public administration and safety | 176 | 5.7 | 152 | 5.2 | 121 | 4.5 |
Total Industries | 3,099 | 100.0 | 2,904 | 100.0 | 2,692 | 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 |