Review of Scottish business surveys [June 2009]

Malloy, Eleanor and Lockyer, Cliff (2009) Review of Scottish business surveys [June 2009]. Fraser of Allander Economic Commentary, 33 (1). pp. 26-28. ISSN 2046-5378

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    Abstract

    The extent to which the recession is slowing down, or bottoming has been a popular theme in recent surveys, although, especially for the service sector, the timing of the Easter weekend (in the first quarter of 2008, but in the second quarter of 2009) and significant differences in the weather, should prompt caution as to drawing any firm conclusions between the first and second quarters, evidence of any significant changes in business trends and more generally in the current trends in the Scottish economy.