Scottish Business Monitor : Q4 2022

McGeoch, Adam and Spowage, Mairi and Milne, Kate and Dalwai, Atika (2023) Scottish Business Monitor : Q4 2022. 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 December and January from across the Scottish economy. The survey examined business sentiment in the fourth quarter of 2022 and the outlook and expectations for the year ahead. Our survey results show the net balance of all of our core business activity indicators for Q4 2022 are negative for the first time since Q1 2021. However, after slipping into the red last quarter, business sentiment bounced back ever so slightly and has returned to positive territory.