Latest data on the Scottish economy – Update 31st July 2020

This update provides a snapshot of new data on the Scottish economy and households. There remains lots of uncertainty for businesses and workers. Our latest Scottish Business Monitor with Addleshaw Goddard released earlier this week found that day-to-day activity remains constrained and expectations are for firms to operate at a fraction of their usual capacity in the next six months. This echoes many of the indicators in this article. Whilst there have been improvements from the severe lows at the height of the lockdown, economic indicators on the whole remain subdued and many households are continuing to see financial hardship.

Scottish business monitor shows sentiment improving, but outlook concerning

Major survey indicates improving Scottish business sentiment, but outlook remains challenging

The Addleshaw Goddard Scottish Business Monitor, produced in partnership with the Fraser of Allander Institute shows that as lockdown restrictions begin to ease and the economy starts to open back up, sentiment amongst the Scottish business community is showing some tentative signs of improvement. However, the overall outlook remains challenging.

Glasgow Clyde crane in sunset

Latest data on the Scottish economy – Update 24th July 2020

This update provides a snapshot of new data on the Scottish economy and households in the week up to 24th July. The latest data shows consumer interest in some sectors rebounding but a sizeable proportion of Scottish businesses that remain closed and do not intend to restart trading soon.

The Scottish Parliament building

Latest data on the Scottish economy – Update 17th July 2020

This update provides a snapshot of new data on the Scottish economy and households in the week up to 17th July. Given that were are still in the relatively early stages of the easing of lockdown measures it is not surprising that there is little of any big improvements in the economy.