economy.id® is an online economic profile which enables you to understand, explore and promote your local economy.

understand your local economy what is our economic role and function? what is our skill base? how can we attract investment?

Based on a combination of Census, National Accounts, REMPLAN, Journey to Work, ABS Business Register and other sources, economy.id® profiles the economic role and function of an area (eg LGA), how its economy compares to other areas and how it is changing over time.

economy.id® objectives

• describe - enable users to accurately describe the nature of the local economy
• explore - provide the information base from which to develop economic strategies
• promote - provide information that promotes the local economy to potential participants

economy.id® outputs

The information in economy.id® is presented to enable users to answer the following questions in two main sections:

our economy

• what is the size of the local economy?
• how is the local economy performing?
• what is the economic base of the local economy and how is it changing?
• what is the contribution of each industry sector and what is their size?
• where are jobs in each industry located?
• what are the characteristics of the workers in each industry sector?
• Where do the workers in each sector come from?

our resources

• what are the characteristics of the local residents?
• where do the residents work?
• what are the local labour force characteristics?
• what potential skills and knowledge can be drawn from the regional labour force?
• what are the infrastructure and asset advantages of the local area?

economy.id® inputs (data sources)

• ABS Census
• ABS Estimated Resident Population
• ABS National Accounts
• ABS Labour Force Survey
• DEEWR Small Area Labour Markets
• ABS Building Approvals
• ABS Consumer Price Index
• ABS Retail Business Survey
• ABS Journey to Work
• ABS Business Register
• REMPLAN (input-output model)