Outlook and appraisal [June 1988]

Brian Ashcroft, Jim Love, Stephen Boyle, Paul Draper, Stewart Dunlop, Frank Harrigan, Cliff Lockyer, Peter McGregor, Iain McNicolI, Roger Perman, David Simpson, Brian Ashcroft (Editor), Jim Love (Editor)

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Abstract

The growth of the Scottish economy is now moving into line with the rest of the UK. Industrial production is buoyant. The growth of demand is becoming more broadly based between domestic and external sectors. Yet, construction output still remains relatively depressed, and in a significant number of other industries the ratio of Scottish to UK output remains below that of 1980. As yet there is little indication of the favourable changes in unemployment and vacancies during 1987 being reflected in the most recent employment data. But short-term prospects are more favourable than for several years, while growth forecasts for the medium term compare favourably with those for the UK as a whole.
Original languageEnglish
Pages (from-to)i-iv
Number of pages4
JournalQuarterly Economic Commentary
Volume13
Issue number4
Publication statusPublished - 1 Jun 1988

Keywords

  • Fraser of Allander
  • Scottish economics
  • Scottish economic outlook

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    Ashcroft, B., Love, J., Boyle, S., Draper, P., Dunlop, S., Harrigan, F., Lockyer, C., McGregor, P., McNicolI, I., Perman, R., Simpson, D., Ashcroft, B. (Ed.), & Love, J. (Ed.) (1988). Outlook and appraisal [June 1988]. Quarterly Economic Commentary, 13(4), i-iv.