Abstract
The latest economic data provide further evidence of a strengthening recovery. Positive growth has now been recorded for the Scottish economy in the last 6 quarters. In the third quarter, GDP in Scotland was -0.9% below the pre-recession peak, whereas UK GDP stood at -1.9% below its pre-recession peak more than 5 years ago. But during 2013, the UK recovery has again been stronger in each of the three quarters of published data so far.
Original language | English |
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Pages (from-to) | 1-3 |
Number of pages | 3 |
Journal | Fraser of Allander Economic Commentary |
Volume | 37 |
Issue number | 3 |
Publication status | Published - 13 Mar 2014 |
Keywords
- Fraser of Allander Institute
- Scottish economy
- recession
- economic growth