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The Scottish economy [October 1978]

David N. F. Bell, S. Hart, Frank X. Kirwan, James W. McGilvray, A. J. Morton, David R. F. Simpson, Alison A. Wingfield, Fraser of Allander Institute, David N. F. Bell (Editor)

Research output: Contribution to journalArticle

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Abstract

As in the UK as a whole, the Scottish economy is currently growing much more rapidly than at any time since 1973. However, as yet, the expansion has not made a significant impact on the level of unemployment, though some small decline, to a seasonally adjusted level of 160,000 can be expected by March 1979. Thereafter, as with the rest of the UK, the outlook is less predictable because of uncertainties over levels of wage and price inflation. Detailed analyses of the latest Scottish production, unemployment, and investment data are provided.
Original languageEnglish
Pages (from-to)7-28
Number of pages22
JournalQuarterly Economic Commentary
Volume4
Issue number2
Publication statusPublished - Oct 1978

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  2. SDG 15 - Life on Land
    SDG 15 Life on Land

Keywords

  • Scottish economic trends
  • Scottish gross domestic product (GDP)
  • economic forecasts
  • economic growth
  • labour market trends
  • unemployment patterns
  • industrial output
  • business activity

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