Summary [January 1978]

Bell, D N F and Danson, M W and Glassford, M E and Kirwan, F X and Morton, A J and Simpson, D R F and Wingfield, Alison A. (1978) Summary [January 1978]. Quarterly Economic Commentary, 3 (3). p. 38. ISSN 0306-7866

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This brief provides a summary of the world, UK and Scottish economic outlook. The upward movement in the Scotland/UK unemployment relative over the past few quarters is unlikely to portend a return to the poor relative performance of the Scottish economy which occurred in the early nineteen sixties. Nevertheless the outlook for the Scottish economy in 1978 is not very encouraging.