Outlook and appraisal [December 1989]

Love, Jim and Ashcroft, Brian and Brooks, Richard and Dourmashkin, Neil and Draper, Paul and Dunlop, Stewart and Lockyer, Cliff and Magee, Lesley and Malloy, Eleanor and McRory, Eric and Monaghan, Claire and McGregor, Peter and Perman, Roger and Stevens, Jim and Swales, Kim (1989) Outlook and appraisal [December 1989]. Quarterly Economic Commentary, 15 (2). pp. 1-2. ISSN 0306-7866

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Abstract

The economic prospects for 1990 appear very uncertain, following a year in which the Scottish economy has shown signs of out-performing the UK on some indicators. The index of production for the second quarter of 1989 makes encouraging reading. In the year to the end of June production and construction industry output rose by 4.5% compared with 2.2% for the UK as a whole. When only production industries are included (i.e. construction is ignored), Scotland's relative performance looks even better, with growth of 5.1% in the year to June compared with UK growth of just 1.6%. When the petroleum and natural gas sectors are removed, however, the relative performance is less impressive; 4.5% for Scotland compared with 6% for the UK. Most of this favourable performance stems from fairly rapid output growth in the second quarter of the year in Scotland, a rise of 3.2% while the index of production and construction fell for the UK by 0.9% during that quarter.

ORCID iDs

Dunlop, Stewart ORCID: https://orcid.org/0000-0002-5729-9299

Malloy, Eleanor ORCID: https://orcid.org/0000-0001-9182-1610

McGregor, Peter ORCID: https://orcid.org/0000-0003-1221-7963

Perman, Roger ORCID: https://orcid.org/0000-0002-6862-7462

Stevens, Jim ORCID: https://orcid.org/0000-0001-6035-1580

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• Item metadata

  Item type:	Article
  ID code:	53161
  Dates:	Date Event December 1989 Published
  Subjects:	Social Sciences > Economic Theory Social Sciences > Industries. Land use. Labor
  Department:	Strathclyde Business School > Fraser of Allander Institute Strathclyde Business School > Economics Strathclyde Business School > Accounting and Finance
  Depositing user:	Pure Administrator
  Date deposited:	01 Jun 2015 14:31
  Last modified:	11 Nov 2024 11:05
  Related URLs:	Journal or Publication Organisation
  URI:	https://strathprints.strath.ac.uk/id/eprint/53161