Outlook and appraisal [November 1987]

Ashcroft, Brian and Love, Jim and Boyle, Stephen and Draper, Paul and Harrigan, Frank and Jenkins, Iain and Lockyer, Cliff and McGregor, Peter and McNicolI, Iain and Pearlman, Mike and Simpson, David and Stevens, Jim (1987) Outlook and appraisal [November 1987]. Quarterly Economic Commentary, 13 (2). pp. 1-3. ISSN 2046-5378

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    The prospects for both the Scottish and UK economies have clouded considerably following the dramatic collapse in share prices in London and other major financial centres. During the last three months Scottish economic performance has been buoyant reflecting the continued strong growth of the UK economy. The labour market appears to be registering the effects of stronger growth but the absence of up-to-date employment data makes it difficult to gauge the likely impact on employment.