Publication - Publication

State of the economy: February 2020

Published: 14 Feb 2020
From:
Gary Gillespie
Directorate:
Chief Economist Directorate
Part of:
Economy
ISBN:
9781839605666

Report produced tri-annually by the Chief Economic Adviser to provide a picture of the Scottish economy in an international context.

23 page PDF

2.3 MB

23 page PDF

2.3 MB

Contents
State of the economy: February 2020
Footnotes

23 page PDF

2.3 MB

Footnotes

1 https://www.gov.scot/publications/gdp-quarterly-national-accounts-for-scotland-2019-q3/

2 https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/gdpfirstquarterlyestimateuk/octobertodecember2019

3 https://www.gov.scot/publications/gdp-quarterly-national-accounts-for-scotland-2019-q3/

4 https://www.scottishchambers.org.uk/press_policy/scottish-business-call-on-government-to-bring-confidence-to-the-market/

5 https://www.addleshawgoddard.com/globalassets/insights/general/fraser-of-allander-business-monitor-report-q4-2019.pdf

6 https://www.bankofengland.co.uk/monetary-policy-report/2020/january-2020/current-economic-conditions#agents

7 https://www.gov.scot/publications/retail-sales-index-2019-q-4/

8 https://www2.gov.scot/Resource/0054/00549095.pdf

9 When applied to the Scottish economy, the SIC has around 100 low level industries which nest into larger levels of industries. Because of the risk of publishing disclosive information data are only published on the larger groups of industries.

10 Using data on the amount of money flowing between the lowest published level sub industries of the Scottish economy, from 2016 input-output tables.

11 https://www.gov.scot/publications/gdp-quarterly-national-accounts-for-scotland-2019-q3/

12 https://www.gov.scot/publications/gdp-quarterly-national-accounts-for-scotland-2019-q3/

13 https://www.markiteconomics.com/Public/Home/PressRelease/97474782886548d5a983316e86820ced

14 https://www.markiteconomics.com/Public/Home/PressRelease/8484b7934c3a4cdaa0296c176c51b21d

15 https://www.gov.scot/collections/labour-market-statistics/

16 https://www.markiteconomics.com/Public/Home/PressRelease/1f3d02e234a143b49c73ad29da1021a4

17 https://www.fiscalcommission.scot/forecast/scotlands-economic-and-fiscal-forecasts-february-2020/

18 https://www.gov.scot/publications/annual-survey-of-hours-and-earnings-2019/

19 https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours/bulletins/earningsandemploymentfrompayasyouearnrealtimeinformationuk/july2014tonovember2019

20 https://www.fiscalcommission.scot/forecast/scotlands-economic-and-fiscal-forecasts-february-2020/

21 https://www.gov.scot/publications/labour-productivity-statistics-2019-q3/

22 https://www.fiscalcommission.scot/forecast/scotlands-economic-and-fiscal-forecasts-february-2020/

23 https://www.gov.scot/publications/scotlands-place-europe-people-jobs-investment/

24 https://www.markiteconomics.com/Public/Home/PressRelease/e9d3098e02b54823a9996dabed7dbe28

25 Scottish Engineering Quarterly Review (https://www.scottishengineering.org.uk/quarterly-review-december-2019/); Scottish Chambers of Commerce Quarterly Economic Indicator (https://www.scottishchambers.org.uk/press_policy/scottish-business-call-on-government-to-bring-confidence-to-the-market/.

26 https://www.addleshawgoddard.com/globalassets/insights/general/fraser-of-allander-business-monitor-report-q4-2019.pdf

27 https://www.gov.scot/publications/scottish-consumer-sentiment-indicator-quarter-4-2019/

28 Scottish Fiscal Commission (https://www.fiscalcommission.scot/forecast/scotlands-economic-and-fiscal-forecasts-february-2020/) ; Fraser of Allander Institute (https://www.strath.ac.uk/business/economics/fraserofallanderinstitute/publications/commentary/) ; EY ITEM Club (https://www.ey.com/Publication/vwLUAssetsPI/ey-scottish-item-club-summer-update-2019/$FILE/EY-Scottish-ITEM-Club-Summer-update-2019.pdf ) PWC (https://www.pwc.co.uk/services/economics-policy/insights/uk-economic-outlook.html ).

29 https://www.gov.scot/binaries/content/documents/govscot/publications/publication/2019/02/state-economy-february-2019/documents/brexit-scottish-sectoral-economic-impact-analysis/brexit-scottish-sectoral-economic-impact-analysis/govscot%3Adocument/00546072.pdf

30 https://www.parliament.uk/documents/commons-committees/Exiting-the-European-Union/17-19/Cross-Whitehall-briefing/EU-Exit-Analysis-Cross-Whitehall-Briefing.pdf

31 Calculation of each indicator is based on Scottish Government Sectoral Economic Impact Analysis: https://www.gov.scot/binaries/content/documents/govscot/publications/publication/2019/02/state-economy-february-2019/documents/brexit-scottish-sectoral-economic-impact-analysis/brexit-scottish-sectoral-economic-impact-analysis/govscot%3Adocument/00546072.pdf


Contact

Email: OCEABusiness@gov.scot