- sector: an area of the economy where businesses share the same or related product or service
- trends: the general course of prevailing tendency, drift
- retail: the sale of goods to ultimate consumers
In Scotland economists are blaming poorer than usual economic trends on the severe winter along with an uncertainty in the upcoming election. Only 26% of businesses are hiring. However Scotland still has the best employment rates in the UK. Now that spring is approaching optimism is in sight but the overall economy is still weak. More than half of retailers are reporting a decline in sales for 2010. This has affected many sectors of Scottish society. Now that spring is approaching many Scottish are hoping that the economy will take an upward turn and are really depending on it. Many have confidence that this will happen.
The cold weather affected the economy because there was no confidence during that frigid winter weather. I think it is utterly ridiculous to blame poor economy flow on weather, but it almost makes sense. I predict that Scotland will see brighter days soon because people need new stuff for the new season.
No comments:
Post a Comment