Impact of Different Mammography Systems on Artificial Intelligence Performance in Breast Cancer Screening

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Outlook and appraisal [June 1988]

The growth of the Scottish economy is now moving into line with the rest of the UK. Industrial production is buoyant. The growth of demand is becoming more broadly based between domestic and external sectors. Yet, construction output still remains relatively depressed, and in a significant number of other industries the ratio of Scottish to UK output remains below that of 1980. As yet there is little indication of the favourable changes in unemployment and vacancies during 1987 being reflected in the most recent employment data. But short-term prospects are more favourable than for several years, while growth forecasts for the medium term compare favourably with those for the UK as a whole

The British economy [June 1988]

The rate of growth of output in the British economy appears to be slowing down in line with earlier expectations for 1988. The rate of growth of domestic demand remains strong. Manufacturing investment is forecast to rise to record levels during 1988 and there is little evidence that the growth in consumer demand is slackening. The slow-down in the rate of growth is therefore largely a reflection of decline in the external demand for exports and buoyant import growth. The progressive upward movement of sterling in recent months and the evidence of increasing inflationary pressure, has placed the Government in a significant policy dilemma. Recent events are a clear illustration that interest rate policy cannot be used both to target the exchange rate and to regulate the expansion of domestic money and credit

The Scottish economy [June 1988]

With the delay in the publication of this quarter's Commentary it should be borne in mind that responses to both the Scottish Chamber's Business Survey (SCBS) and CBI surveys now refer to developments of two months ago. Accordingly, responses do not take account of, or could reasonably be assumed to have anticipated, the recent increases in nominal interest rates and the depreciation of sterling

The world economy [June 1988]

Growth in the world economy appears to be continuing at a brisk rate. Recent forecasts suggest that output should expand by about 3% this year compared with 3.IX in 1987. The outlook therefore appears to be more favourable than when we last reported; a reflection of the limited impact to date of the October stock market crash. Some progress has been made in adjusting the key trade imbalances but progress remains slow

The British economy [November 1986]

Recent developments in the UK economy suggest that the slowdown of growth in 1985 may only have been a temporary phenomenon. External events are continuing to play a significant role. Yet it is the trends within the domestic economy that are a major source of unease. Underlying inflationary pressures continue to operate via the relatively fast growth in average earnings, low productivity growth, the growth of private sector liquidity and the recent significant decrease in the value of sterling. An increase in the growth of non-oil imports adds to fears for the current account of the balance of payments. Perceptions of uncertainty in Government policy particularly towards the exchange rate are a continuing cause for concern

The world economy [November 1986]

Recent developments in the UK economy suggest that the slowdown of growth in 1985 may only have been a temporary phenomenon. External events are continuing to play a significant role. Yet it is the trends within the domestic economy that are a major source of unease. Underlying inflationary pressures continue to operate via the relatively fast growth in average earnings, low productivity growth, the growth of private sector liquidity and the recent significant decrease in the value of sterling. An increase in the growth of non-oil imports adds to fears for the current account of the balance of payments. Perceptions of uncertainty in Government policy particularly towards the exchange rate are a continuing cause for concern

Outlook and appraisal [November 1986]

The Scottish economy is a small open economy and because of this it is very much affected by changing economic circumstances in the UK and the world economy

The Scottish economy [November 1986]

In the first quarter of 1986 the index of industrial production and construction for Scotland recorded a fall of 4% compared with the last quarter of 1985. Despite this the year-on-year index grew by 2.5 although much of this recovery was associated with the ending of the miners' strike which had depressed both Scottish and UK output growth