Abstract
The growth of the Scottish economy is clearly weakening. There is clear evidence of a "two-speed" economy, with growth in the service sector much stronger than in manufacturing. While over the year, service sector growth was weaker in Scotland than in the UK, in the latest 2 quarters for which we have data the sector was outperforming its UK counterpart, principally because of the strong growth displayed within financial services.
| Original language | English |
|---|---|
| Pages (from-to) | 3-6 |
| Number of pages | 4 |
| Journal | Quarterly Economic Commentary |
| Volume | 26 |
| Issue number | 3 |
| Publication status | Published - Sept 2001 |
Keywords
- Scottish economy
- labour market conditions
- Scottish economic climate