Scottish Business Monitor: 2019 Q3

James Black, Eleanor Malloy, Adam McGeoch, Graeme Roy (Editor), Mairi Spowage

Research output: Book/ReportCommissioned report

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Abstract

This latest Business Monitor covers the following three-month period – that is, Q3 2019 – providing a more up-to-date picture of activity in the Scottish economy. It shows that Scottish businesses have remained relatively resilient, with growth continuing through the summer. But longer-term prospects continue to be hampered by uncertainty. Business investment in Scotland has fallen by over 4% over the last year and has now declined for three consecutive quarters. This survey suggests little improvement. At the same time, rising costs – in part driven by the continued weak value of Sterling – are putting pressure on cash-flow and future planning. Recent Scottish Government survey work suggests that such trends are feeding through to the wider economy, with consumers less confident about the outlook than in the past.
Original languageEnglish
Place of PublicationGlasgow
PublisherUniversity of Strathclyde
Commissioning bodyAddleshaw Goddard
Number of pages6
Publication statusPublished - 26 Sep 2019

Keywords

  • Scottish economy
  • business sentiment

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