Economic summary [March 2014]

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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 languageEnglish
Pages (from-to)1-3
Number of pages3
JournalFraser of Allander Economic Commentary
Volume37
Issue number3
Publication statusPublished - 13 Mar 2014

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Keywords

  • Fraser of Allander Institute
  • Scottish economy
  • recession
  • economic growth

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