Scottish economy grows for ninth quarter in row

(c) newscabal

From Insider yesterday:

‘The Scottish economy grew between January and March this year despite uncertainty around the UK’s expected departure from the EU, according to official figures. Statistics published on Wednesday show GDP in the country grew at the same rate as that of the UK – 0.5% – over the period. It represents the ninth consecutive quarter of growth for the Scottish economy. Analysis suggests growth in the quarter was driven by the manufacturing and construction sectors, which grew by 2.6% and 2% respectively. Two sub-sectors of manufacturing – food and drink and pharmaceutical – account for more than half of the 0.5% growth during the quarter, with some suggestions the increase in manufacturing is due to stockpiling for Brexit.’

https://www.insider.co.uk/news/manufacturing-construction-drive-ninth-quarter-16542538

GDP is of course an increasingly contested measure of the health of any economy. See this:

When will Scotland’s economics correspondents catch up with current thinking on GDP? When they can find something else to attack the SNP with.

For more useful information on the robust Scottish economy, see:

Yet more objective evidence Scotland’s economy healthy in SNP care

Scottish labour market outperforms UK revealing more evidence of health in economy

Umpteenth post on underlying strength in Scottish economy: Property investment up 19.8%!

Scottish business confidence well above UK average

SNP blamed as private businesses experience too much demand and overcrowding with new staff second only to Labour-mayored London.

Scottish business confidence stays high…Ah but!..Oh shut up Revoking Scotland!

63% fall in large business insolvencies as Scottish economy reveals strength

See this Douglas? Business investment in Scotland up 250%!