State of the economy: November 2021

This report summarises recent developments in the global and Scottish economy and provides an analysis of the performance of, and outlook for, the Scottish economy.


Footnotes

1. OECD Economic Outlook

2. World Economic Outlook, October 2021 (imf.org)

3. GDP Monthly Estimate: August 2021 - gov.scot (www.gov.scot)

4. IHS Markit, RBS Purchasing Managers Index. RBS | Scottish private sector growth remained sharp in October (rbsbusinesshub.com)

5. BICS weighted Scotland estimates: data to wave 42 - gov.scot (www.gov.scot)

6. IHS Markit, RBS Purchasing Managers Index, October 2021. RBS | Scottish private sector growth remained sharp in October (rbsbusinesshub.com)

7. BICS weighted Scotland estimates: data to wave 42 - gov.scot (www.gov.scot)

8. Quarterly Economic Indicator (scottishchambers.org.uk)

9. GDP Quarterly National Accounts: 2021 Quarter 2 (April to June) - gov.scot (www.gov.scot)

10. Quarterly Economic Indicator (scottishchambers.org.uk)

11. BICS weighted Scotland estimates: data to wave 42 - gov.scot (www.gov.scot)

12. UK regional trade in goods statistics: second quarter 2021 - GOV.UK (www.gov.uk)

13. UK overseas trade in goods statistics: July 2021 - UK Trade Info

14. BICS weighted Scotland estimates: data to wave 41 - gov.scot (www.gov.scot)

15. Economic and fiscal outlook - October 2021 - Office for Budget Responsibility (obr.uk)

16. Monetary Policy Report - November 2021 | Bank of England

17. Scotland's Economic and Fiscal Forecasts – August 2021 | Scottish Fiscal Commission

18. Labour market statistics - gov.scot (www.gov.scot)

19. Official statistics overview: Coronavirus Job Retention Scheme statistics: 4 November 2021 - GOV.UK (www.gov.uk)

20. Earnings and employment from Pay As You Earn Real Time Information, UK - Office for National Statistics (ons.gov.uk)

21. Labour Market Statistics, Scottish Government.

22. BICS weighted Scotland estimates: data to wave 41 - gov.scot (www.gov.scot)

23. Post-furlough blues Resolution Foundation

24. Scotland's Economic and Fiscal Forecasts – August 2021 | Scottish Fiscal Commission

25. IHS Markit: RBS Report on Jobs: Royal Bank of Scotland Report on Jobs - October (natwestgroup.com)

26. Online job advert estimates - Office for National Statistics (ons.gov.uk)

27. BICS weighted Scotland estimates: data to wave 41 - gov.scot (www.gov.scot)

28. Earnings and employment from Pay As You Earn Real Time Information, UK - Office for National Statistics (ons.gov.uk)

29. IHS Markit: RBS Report on Jobs: Royal Bank of Scotland Report on Jobs - October (natwestgroup.com)

30. Fall in HGV drivers largest among middle-aged workers - Office for National Statistics (ons.gov.uk)

31. IHS Markit / CIPS UK Manufacturing PMI: 031456d3e67f43b086a30e2003539cb3 (markiteconomics.com)

32. Economy statistics - gov.scot (www.gov.scot)

33. Retail sales, Great Britain - Office for National Statistics (ons.gov.uk)

34. GDP Quarterly National Accounts: 2021 Quarter 2 (April to June) - gov.scot (www.gov.scot)

35. Money and Credit - September 2021 | Bank of England

36. Consumer price inflation, UK - Office for National Statistics

37. Producer price inflation, UK - Office for National Statistics (ons.gov.uk)

38. Monetary Policy Report - November 2021 | Bank of England

39. Bank Rate maintained at 0.1% - November 2021 | Bank of England

40. World Economic Outlook, October 2021 (imf.org)

41. OECD Economic Outlook

42. Monetary Policy Report - November 2021 | Bank of England

43. Official statistics overview: Forecasts for the UK economy: November 2021 - GOV.UK (www.gov.uk)

44. Scotland's Economic and Fiscal Forecasts – August 2021 | Scottish Fiscal Commission

45. Fraser of Allander Institute Economic Commentary 2021 Q3 | FAI

Contact

Email: OCEABusiness@gov.scot

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