The Scottish economy [October 1978]

David N. F. Bell, S. Hart, Frank X. Kirwan, James W. McGilvray, A. J. Morton, David R. F. Simpson, Alison A. Wingfield, Fraser of Allander Institute, David N. F. Bell (Editor)

    Research output: Contribution to journalArticle

    26 Downloads (Pure)


    As in the UK as a whole, the Scottish economy is currently growing much more rapidly than at any time since 1973. However, as yet, the expansion has not made a significant impact on the level of unemployment, though some small decline, to a seasonally adjusted level of 160,000 can be expected by March 1979. Thereafter, as with the rest of the UK, the outlook is less predictable because of uncertainties over levels of wage and price inflation. Detailed analyses of the latest Scottish production, unemployment, and investment data are provided.
    Original languageEnglish
    Pages (from-to)7-28
    Number of pages22
    JournalQuarterly Economic Commentary
    Issue number2
    Publication statusPublished - Oct 1978


    • Scottish economic trends
    • Scottish gross domestic product (GDP)
    • economic forecasts
    • economic growth
    • labour market trends
    • unemployment patterns
    • industrial output
    • business activity

    Cite this