Growth in Scotland's private sector stalls for first time in seven months

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Growth in Scotland's private sector stalls for first time in seven months
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August was the first time in seven months business activity in Scotland failed to expand, according to a report.

Despite the stall in growth businesses reported an increase in employment for the seventh month running

The Scotland Business Activity Index fell to 50.0 in August, down from 51.1 in July, indicating a stagnant period. In a further blow to the sector, service providers posted a decline in orders, and in manufacturing, new orders have been falling for five consecutive months at a notable pace.

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