Outlook and appraisal [September 2001]

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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 languageEnglish
Pages (from-to)3-6
Number of pages4
JournalQuarterly Economic Commentary
Issue number3
Publication statusPublished - Sep 2001


  • Scottish economy
  • labour market conditions
  • Scottish economic climate

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