Outlook and appraisal [June 2006]

Ashcroft, Brian (2006) Outlook and appraisal [June 2006]. Quarterly Economic Commentary, 31 (1). pp. 3-9. ISSN 0306-7866

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    Abstract

    Scottish economic growth continues to match growth in the UK and has done so as UK economic growth improved from the first quarter of 2005. Normally, Scottish economic growth would be expected to be stronger relative to the UK in a downturn and weaker in an upturn due to a flatter growth cycle. This picture of relative buoyancy is clouded by an effective downturn in Scottish service sector performance in the final quarter of last year.