Scottish Business Monitor : 2022 Q3

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McGeoch, Adam and Spowage, Mairi and Fox, Calum and Milne, Kate (2022) Scottish Business Monitor : 2022 Q3. University of Strathclyde, Glasgow.

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Abstract

This report summarises the key results from our latest Fraser of Allander (FAI) Scottish Business Monitor, published in partnership with Addleshaw Goddard. The survey sampled 400 firms in July from across the Scottish economy. The survey examined business sentiment in the second quarter of 2022 and the outlook and expectations throughout 2022. Our survey results indicate that businesses in Scotland were seeing some glimmers of hope in the second quarter of 2022, but while overall sentiment remains positive its level has fallen amid challenging conditions. The report finds that two-thirds of firms now expect growth in the Scottish economy to be weak, up from less than half of firms in the first quarter of the year.

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