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Outlook and appraisal [June 2015]

Ashcroft, Brian (2015) Outlook and appraisal [June 2015]. Fraser of Allander Economic Commentary, 39 (1). pp. 3-26. ISSN 2046-5378

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Abstract

The Scottish and UK economies are continuing to grow and recover from the Great Recession. With growth of 0.6% in the final quarter of last year (2014) – the latest data point - the Scottish economy has now enjoyed positive growth for the last 11 quarters (since 2012q1) while in the UK, also with growth of 0.6% in 2014q4, the sustained recovery period has been shorter at 8 quarters.