Outlook and appraisal [December 1992]

McFarland, Mark and Ashcroft, Brian and Brooks, Richard and Draper, Paul and Dunlop, Stewart and James, Tony and Lockyer, Cliff and Love, Jim and Malloy, Eleanor and McGregor, Peter and McRory, Eric and O'Brien, Vanessa and Stevens, Jim and Swales, Kim and Yin, Ya Ping, Fraser of Allander Institute (1992) Outlook and appraisal [December 1992]. Quarterly Economic Commentary, 18 (2). i-iii. ISSN 0306-7866

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Abstract

The latest UK indicators hint of a mild recovery beginning to take hold after nine successive quarters of negative growth. However, the recession in Scotland deepened in the second quarter and third/fourth quarter evidence offers little comfort for output and employment prospects.