Outlook and appraisal [June 2008]

Ashcroft, Brian (2008) Outlook and appraisal [June 2008]. Fraser of Allander Economic Commentary, 32 (1). pp. 4-16. ISSN 2046-5378

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    Abstract

    The outlook for the Scottish economy appeared fairly certain when the Commentary last reported in July 2007. Growth was expected to remain above trend in 2007 and 2008 at 2.5% and 2.3% respectively. Prospects for the economy in the medium-term were considered to be good. Almost one year later, the comparative certainty of last July has evaporated.