Understanding the economic role of Yass Valley 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 Yass Valley'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 | ||||||
|---|---|---|---|---|---|---|
| Yass Valley | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 706 | 12.7 | 640 | 15.3 | 670 | 15.5 |
| Mining | 48 | 0.9 | 16 | 0.4 | 11 | 0.2 |
| Goods related | 2,302 | 41.3 | 1,308 | 31.2 | 1,538 | 35.6 |
| Household services | 1,734 | 31.1 | 1,584 | 37.8 | 1,455 | 33.6 |
| Business services | 516 | 9.3 | 435 | 10.4 | 449 | 10.4 |
| Public administration and safety | 262 | 4.7 | 204 | 4.9 | 200 | 4.6 |
| Total Industries | 5,568 | 100.0 | 4,186 | 100.0 | 4,323 | 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 | ||||||