Scottish Chambers' Business Survey [May 2001]

Lockyer, Cliff and Malloy, Eleanor (2001) Scottish Chambers' Business Survey [May 2001]. Quarterly Economic Commentary, 26 (2). pp. 18-21. ISSN 0306-7866

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The Scottish Chambers of Commerce Business Survey, conducted by Strathclyde University's Fraser of Allander Institute is the largest and most comprehensive regular survey of the Scottish business community. Changes in business confidence were as broadly based as in the previous quarter. Declining trends in business optimism were reported in all sectors, although the rate of decline in business optimism eased in both wholesale and retail distribution. In contrast optimism fell steeply in tourism, reflecting current difficulties.