Economic Commentary [April 2019]

Black, James and Eiser, David and Kane, Kevin and McGeoch, Adam and McIntyre, Stuart and Spowage, Mairi, Fraser of Allander Institute (2019) Economic Commentary [April 2019]. Fraser of Allander Economic Commentary, 43 (1). pp. 1-34. ISSN 2046-5378

[thumbnail of FEC_43_1_2019_Commentary]
Text. Filename: FEC_43_1_2019_Commentary.pdf
Final Published Version

Download (3MB)| Preview


Against a backdrop of heightened uncertainty, Scotland’s economy has continued to grow, albeit below trend. This, combined with near all-time high employment, is to be welcomed and provides some positives in these extra-ordinarily testing times. However, Scotland continues to face a productivity challenge with the consequent impact on real earnings growth. As the Commentary evidences, the economic growth we have seen has been matched by an increase in hours worked rather than an increase in productivity. If we want to see a rise in real earnings and living standards, we need to see productivity grow.


Black, James ORCID logoORCID:, Eiser, David, Kane, Kevin, McGeoch, Adam, McIntyre, Stuart ORCID logoORCID: and Spowage, Mairi; Roy, Graeme