The Scottish economy [January 1978]

D N F Bell, M W Danson, M E Glassford, F X Kirwan, A J Morton, D R F Simpson, Alison A. Wingfield

    Research output: Contribution to journalArticle

    Abstract

    The outlook for the Scottish economy during 1978 depends primarily on the extent to which the Chancellor decides to reflate the UK economy in his April budget. Performance during 1977 was disappointing. A substantial rise in unemployment over the year was accompanied by no real rise in output (see Industrial Performance). Without some substantial stimulus to demand during 1978, the outlook is equally bleak. For the first time, this analysis groups economic indicators under broad headings to give a more complete view of recent and forthcoming changes in the major economic aggregates in Scotland. Three headings have been chosen for this issue, namely, production, investment and consumption.
    LanguageEnglish
    Pages6-37
    Number of pages32
    JournalQuarterly Economic Commentary
    Volume3
    Issue number3
    Publication statusPublished - Jan 1978

    Fingerprint

    Economics
    Economic indicators
    Unemployment
    Industrial performance
    Scotland

    Keywords

    • Scottish economic trends
    • British economic performance
    • economic forecasts
    • Scottish gross domestic product (GDP)
    • unemployment patterns
    • labour market trends
    • business confidence
    • industrial production

    Cite this

    Bell, D. N. F., Danson, M. W., Glassford, M. E., Kirwan, F. X., Morton, A. J., Simpson, D. R. F., & Wingfield, A. A. (1978). The Scottish economy [January 1978]. Quarterly Economic Commentary, 3(3), 6-37.
    Bell, D N F ; Danson, M W ; Glassford, M E ; Kirwan, F X ; Morton, A J ; Simpson, D R F ; Wingfield, Alison A. / The Scottish economy [January 1978]. In: Quarterly Economic Commentary. 1978 ; Vol. 3, No. 3. pp. 6-37.
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    Bell, DNF, Danson, MW, Glassford, ME, Kirwan, FX, Morton, AJ, Simpson, DRF & Wingfield, AA 1978, 'The Scottish economy [January 1978]' Quarterly Economic Commentary, vol. 3, no. 3, pp. 6-37.

    The Scottish economy [January 1978]. / Bell, D N F; Danson, M W; Glassford, M E; Kirwan, F X; Morton, A J; Simpson, D R F; Wingfield, Alison A.

    In: Quarterly Economic Commentary, Vol. 3, No. 3, 01.1978, p. 6-37.

    Research output: Contribution to journalArticle

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    Bell DNF, Danson MW, Glassford ME, Kirwan FX, Morton AJ, Simpson DRF et al. The Scottish economy [January 1978]. Quarterly Economic Commentary. 1978 Jan;3(3):6-37.