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Outlook and appraisal [December 1988]

Ashcroft, Brian and Love, Jim and Boyle, Stephen and Draper, Paul and Dunlop, Stewart and Grehan, Janet and Harrigan, Frank and Heeley, John and Lockyer, Cliff and Malloy, Eleanor and Monaghan, Claire and McGregor, Peter and McNicolI, Iain and Perman, Roger and Stevens, Jim (1988) Outlook and appraisal [December 1988]. Quarterly Economic Commentary, 14 (2). i-iv. ISSN 2046-5378

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Abstract

Growth of output in the Scottish economy continues to be strong. Current performance mirrors the brisk rate of economic growth in the rest of the UK. Manufacturing in Scotland now appears to be sharing in the growth which for so long has principally been enjoyed by the service sector. Construction is now the most buoyant sector in Scotland, with the effects of the recent rapid growth in house prices south of the border spreading north, and the strong growth of investment in the UK leading to increased orders for new buildings and works.