Outlook and appraisal [February 2010]

Ashcroft, Brian (2010) Outlook and appraisal [February 2010]. Fraser of Allander Economic Commentary, 33 (3). pp. 4-17. ISSN 2046-5378

[thumbnail of FEC_33_3_2010_AshcroftB]
PDF. Filename: FEC_33_3_2010_AshcroftB.pdf
Final Published Version
License: Unspecified

Download (858kB)| Preview


The Scottish economy is poised to come out of recession. But there is still uncertainty whether the exit will have occurred in the fourth quarter of last year as it did in the UK economy, all be it weakly. The UK economy went into recession one quarter ahead of Scotland and it may be that Scotland will come out of recession one quarter later than the UK.