Fraser of Allander Institute

Economic Commentary [December 2016]

Fraser of Allander Institute

    Research output: Book/ReportOther report

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    Abstract

    The Scottish economy returned to growth during the second quarter of 2016, and most indicators suggest that growth has continued – albeit at a relatively slow pace – through the remainder of the year. Employment in Scotland remains close to record levels. However, Scotland continues to lag the UK with Scotland’s recent growth rate just 1/3 of that in the UK. We expect Scotland to have grown by around 1% this year, broadly in line with our July forecast . Whilst unemployment has fallen sharply recently, this appears to stem, not from people finding work, but from people exiting the labour force.
    Original languageEnglish
    Place of PublicationGlasgow
    PublisherUniversity of Strathclyde
    Number of pages80
    Volume40
    Publication statusPublished - 13 Dec 2016

    Publication series

    NameFraser of Allander Institute Economic Commentary
    PublisherUniversity of Strathclyde
    No.3
    Volume40
    ISSN (Electronic)2046-5378

    Fingerprint

    Scotland
    Economics
    Lag
    Unemployment
    Labor force

    Keywords

    • labour market trends
    • Scotland
    • Scottish economcs
    • economic forecasting

    Cite this

    Fraser of Allander Institute (2016). Fraser of Allander Institute: Economic Commentary [December 2016]. (Fraser of Allander Institute Economic Commentary; Vol. 40, No. 3). Glasgow: University of Strathclyde.
    Fraser of Allander Institute. / Fraser of Allander Institute : Economic Commentary [December 2016]. Glasgow : University of Strathclyde, 2016. 80 p. (Fraser of Allander Institute Economic Commentary; 3).
    @book{df7cc189ebaf47a8b686af99ddb61fd8,
    title = "Fraser of Allander Institute: Economic Commentary [December 2016]",
    abstract = "The Scottish economy returned to growth during the second quarter of 2016, and most indicators suggest that growth has continued – albeit at a relatively slow pace – through the remainder of the year. Employment in Scotland remains close to record levels. However, Scotland continues to lag the UK with Scotland’s recent growth rate just 1/3 of that in the UK. We expect Scotland to have grown by around 1{\%} this year, broadly in line with our July forecast . Whilst unemployment has fallen sharply recently, this appears to stem, not from people finding work, but from people exiting the labour force.",
    keywords = "labour market trends, Scotland, Scottish economcs, economic forecasting",
    author = "{Fraser of Allander Institute}",
    year = "2016",
    month = "12",
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    Fraser of Allander Institute 2016, Fraser of Allander Institute: Economic Commentary [December 2016]. Fraser of Allander Institute Economic Commentary, no. 3, vol. 40, vol. 40, University of Strathclyde, Glasgow.

    Fraser of Allander Institute : Economic Commentary [December 2016]. / Fraser of Allander Institute.

    Glasgow : University of Strathclyde, 2016. 80 p. (Fraser of Allander Institute Economic Commentary; Vol. 40, No. 3).

    Research output: Book/ReportOther report

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    KW - economic forecasting

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    Fraser of Allander Institute. Fraser of Allander Institute: Economic Commentary [December 2016]. Glasgow: University of Strathclyde, 2016. 80 p. (Fraser of Allander Institute Economic Commentary; 3).