The Nowcasts reported on these pages are based on research carried out by Grant J. Allan, Gary Koop, Stuart G. McIntyre and Paul Smith, all of the Department of Economics at the University of Strathclyde.
A paper is available which presents the full technical details underpinning the methodology employed in this research. The working paper can be here.
ABOUT THE FRASER OF ALLANDER INSTITUTE
The Fraser of Allander Institute is a research unit of the University of Strathclyde in Glasgow and is formally part of the Department of Economics and the Strathclyde Business School. The Institute carries out research on regional issues generally and the Scottish economy in particular, including forecasting and the analysis of short-term and medium-term movements in Scottish economic activity.
Its researchers have an international reputation in modelling regional economies and in regional development. The Institute publishes an Economic Commentary on the Scottish economy, and the quarterly Scottish Chambers’ Business Survey. The Institute also undertakes individually tailored research projects commissioned by private and public sector clients.
The work reported on these pages represents a new innovation in the economic forecasting work of the Fraser of Allander Institute; our aim being to provide more timely estimates of Scottish economic activity in a statistically rigorous manner.