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RECENT ECONOMIC TRENDS

Document Cited in Related
Vincent
DOIhttp://doi.org/10.1111/j.1467-9485.1954.tb00926.x
Published date01 June 1954
Date01 June 1954
RECENT ECONOMIC TRENDS
120
110
Scottish Industrial Production
The output
of
Scottish industry reached
a
record level in 1953.
the index
of
industrial production being 18 per cent. higher than in
/
-
/
/
Building and Contracting
/
Scotland
/
/
/
-
0
/
/
-----/
0
/
England
/
Scotland
&Wales
1
I
I
I
t
1940 1949 1950 1951 1952 1953
FIG.
1.
Industrial production in Scotland and England and Wales. 1948-53.
1948=100. Building and contracting figure for 1953 based
on
January-Septem ber only.
1948. Figure
1
shows that since 1948 the rise
in
industrial production
in Scotland has been very much the same
as
in the United Kingdom
as
a whole; the balance
of
advantage
is
slightly unfavourable to Scot-
192

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