From the archives: Bank survey of Scottish economy, 31 March, 1950
The flow of raw materials and components continued to improve in 1949, states the survey, but some uneasiness concerning the future prevails as production costs generally have remained high, and, as a result of growing international competition and the satisfaction of many of the more urgent post-war needs, order books in the major industries have become much shorter, while activity in some of the lighter industries has receded as domestic demand has become less insistent. Buyers are not so willing to place orders if delivery dates are uncertain or unduly far ahead, firm price quotations are being demanded and longer credit is being sought.
• archive.scotsman.com