Though apparently accepting the meaningfulness of those useless GDP estimates, a survey of Scottish businesses carried out for the SCC gives cause for optimism in the year ahead. Here’s what they said without providing any detail:
‘The cause of such optimism? The Scottish Chambers of Commerce quarterly economic indicator. It is suggesting that the nation’s businesses are coping admirably in the face of much uncertainty (for uncertainty, read Brexit). Among the sectors providing much optimism are manufacturing, financial and business services.’
In a linked report available in the full text at the url above, the optimistic headline is then swamped with a trail of ‘ah buts’ but still no sign of the positive indicators the two positives headline suggests they had gathered – strange?
Why haven’t they given us any numbers? Are they too good for us?