The Scottish economy [June 1993]

Mark McFarland; Brian Ashcroft; Paul Draper; Stewart Dunlop; Campbell Leith; Sarah Le Tissier; Cliff Lockyer; Eleanor Malloy; Tony McGough; Peter McGregor; Iain McNicoll; Eric McRory; Clare Reid; Ronnie Smith; Jim Stevens; Kim Swales; Ya Ping Yin; Mark McFarland; Stewart Dunlop; Fraser of Allander Institute

The Scottish economy [June 1993]

Mark McFarland, Brian Ashcroft, Paul Draper, Stewart Dunlop, Campbell Leith, Sarah Le Tissier, Cliff Lockyer, Eleanor Malloy, Tony McGough, Peter McGregor, Iain McNicoll, Eric McRory, Clare Reid, Ronnie Smith, Jim Stevens, Kim Swales, Ya Ping Yin, Mark McFarland (Editor), Stewart Dunlop (Editor), Fraser of Allander Institute

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Abstract

The latest official release of the seasonally adjusted output index for Scottish production industries (Divisions 1 to 4 of the 1980 SIC) shows a marked increase (4.7%) in the final quarter over the previous quarter last year. This increase is due
largely to a dramatic 30% increase in the output of the electrical and instrument engineering industries in the final quarter. However, considering the overall performance of the UK manufacturing industry (including the electrical and instrument engineering industries which experienced a more modest growth of 3% in the same period), and given all the information contained in various business surveys, such a substantial increase in Scottish production output should, we think, be treated with caution.

Original language	English
Pages (from-to)	10-51
Number of pages	43
Journal	Quarterly Economic Commentary
Volume	18
Issue number	4
Publication status	Published - Jun 1993

Keywords

Scottish economic trends
economic forecasts
Scottish economic output
Scottish gross domestic product (GDP)
European economy
industrial output
unemployment patterns
labour market trends
Scottish Chambers' Business Survey
business confidence

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McFarland, M., Ashcroft, B., Draper, P., Dunlop, S., Leith, C., Le Tissier, S., Lockyer, C., Malloy, E., McGough, T., McGregor, P., McNicoll, I., McRory, E., Reid, C., Smith, R., Stevens, J., Swales, K., Yin, Y. P., McFarland, M. (Ed.), Dunlop, S. (Ed.), & Fraser of Allander Institute (1993). The Scottish economy [June 1993]. Quarterly Economic Commentary, 18(4), 10-51.

McFarland, Mark ; Ashcroft, Brian ; Draper, Paul ; Dunlop, Stewart ; Leith, Campbell ; Le Tissier, Sarah ; Lockyer, Cliff ; Malloy, Eleanor ; McGough, Tony ; McGregor, Peter ; McNicoll, Iain ; McRory, Eric ; Reid, Clare ; Smith, Ronnie ; Stevens, Jim ; Swales, Kim ; Yin, Ya Ping ; McFarland, Mark (Editor) ; Dunlop, Stewart (Editor) ; Fraser of Allander Institute. / The Scottish economy [June 1993]. In: Quarterly Economic Commentary. 1993 ; Vol. 18, No. 4. pp. 10-51.

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abstract = "The latest official release of the seasonally adjusted output index for Scottish production industries (Divisions 1 to 4 of the 1980 SIC) shows a marked increase (4.7%) in the final quarter over the previous quarter last year. This increase is duelargely to a dramatic 30% increase in the output of the electrical and instrument engineering industries in the final quarter. However, considering the overall performance of the UK manufacturing industry (including the electrical and instrument engineering industries which experienced a more modest growth of 3% in the same period), and given all the information contained in various business surveys, such a substantial increase in Scottish production output should, we think, be treated with caution.",

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The Scottish economy [June 1993]. / McFarland, Mark; Ashcroft, Brian; Draper, Paul; Dunlop, Stewart; Leith, Campbell; Le Tissier, Sarah; Lockyer, Cliff; Malloy, Eleanor; McGough, Tony; McGregor, Peter ; McNicoll, Iain; McRory, Eric; Reid, Clare; Smith, Ronnie; Stevens, Jim; Swales, Kim; Yin, Ya Ping; McFarland, Mark (Editor); Dunlop, Stewart (Editor); Fraser of Allander Institute.

In: Quarterly Economic Commentary, Vol. 18, No. 4, 06.1993, p. 10-51.

Research output: Contribution to journal › Article

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