The City of Melbourne has partnered with demographic profiling and forecasting company .id consulting to create an on-line product called economy.id® designed to make economic information available to the wider community.
economy.id® presents a range of economic indicators for Australia, the State and (where available) the City of Melbourne municipality.
These data are standard measures used for presenting the economic performance of an area. economy.id® compares the national, state and local data which provides a context for observing the performance of the local economy.
economy.id® provides a snapshot of how the local economy is performing, identifies the major industries in Melbourne and who works in those industries, as well as profiling the local and regional labour force. It also provides information on where Melbourne residents go to work and localities where workers in the City of Melbourne come from.
The economic profile addresses the following questions:
- 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 to the local economy?
- How many businesses are in each industry sector and what is their size?
- Where are jobs in each industry sector located?
- What are the characteristics of the workers in each industry sector?
- Where do the workers come from and how do they travel?
- Where do the residents work and how do they travel?
- 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?
You can view the economic profile at: Economy.id
Further information
Enterprise Melbourne – research by industry sector