Scottish Government
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Private sector continues to grow

Finance Secretary John Swinney responds to survey.

Commenting on the latest Bank of Scotland PMI Survey, Cabinet Secretary for Finance, Employment and Sustainable Growth said:

“We welcome these figures which indicate Scottish private sector activity expanded for the 20th consecutive month in May, driven by strong growth in both the Services and Manufacturing sectors. The PMI survey also reports a rise in employment and an expansion in new orders.

“The survey results follow on from recent GDP and labour market statistics which showed that employment levels are at their highest since records began in 1992, with 2,585,000 people over 16 now employed in Scotland.

“The recovery in Scotland’s economy is continuing, with growth widely forecast to accelerate this year. With full fiscal and economic powers of independence, the Scottish Government could do so much more to strengthen our economy and create more jobs.”

Channel website: http://www.gov.scot/

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