Forecasts of the Scottish economy [November 2009]

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Abstract

It is five months since the last forecasts of the Scottish economy were published in the Fraser Economic Commentary. In that time, we have seen confirmation that Q2 growth was down 0.8% on Q1 2009, meaning that Scotland has now seen four quarters of consecutive negative growth. The rate of negative growth appears to have slowed, with Q1 2009 seeing a 2.5% quarterly reduction. Scottish GDP in Q2 was down 6.1% from its peak in Q2 2009.
Original languageEnglish
Pages (from-to)18-29
Number of pages12
JournalFraser of Allander Economic Commentary
Volume33
Issue number2
Publication statusPublished - Nov 2009

Keywords

  • Fraser of Allander institute
  • Scottish economy
  • economic growth
  • monetary forecasts

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