Outlook and appraisal [March 2014]

Ashcroft, Brian (2014) Outlook and appraisal [March 2014]. Fraser of Allander Economic Commentary, 37 (3). pp. 2-24. ISSN 2046-5378

[thumbnail of FEC_37_3_2014_AshcroftB2]
Preview
PDF. Filename: FEC_37_3_2014_AshcroftB2.pdf
Final Published Version

Download (994kB)| Preview

Abstract

The latest Scottish GDP data for the third quarter of 2013 show that Scottish GDP rose by 0.7% in Scotland in the quarter, a little less than the 0.8% rise in the UK. Over the year to the second quarter - four quarters on previous four quarters - Scottish GDP grew at 1.3% identical to the outturn in the UK. These data provide further evidence of a strengthening recovery. Positive growth has now been recorded for the Scottish economy in the previous 6 quarters. Yet, as noted in the previous Commentary the recovery continues to be considerably weaker than from any recession in the last 70 to 80 years.

Sorry the service is unavailable at the moment. Please try again later.