Outlook and appraisal [August 2004]

Ashcroft, Brian (2004) Outlook and appraisal [August 2004]. Quarterly Economic Commentary, 29 (2). pp. 3-11. ISSN 0306-7866

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The good news for the Scottish economy is that on the evidence from the two most recent quarters manufacturing appears finally to have come out of recession. But service sector growth has weakened, leading to overall Scottish growth lagging behind the UK from the third quarter of last year when UK growth surged ahead.