The Fraser of Allander Business Monitor is one of the first major surveys of Scottish firms post-election.
The figures show that the outlook for business activity, investment and employment are at their highest level since 2014.This follows a challenging end to 2019 for all these indicators.
Expectations of growth in the Scottish economy over the next year have also improved, with more firms believing it will be moderate, and less believing it will be weak.
Authors
The Fraser of Allander Institute (FAI) is a leading economy research institute based in the Department of Economics at the University of Strathclyde, Glasgow.