He added: "I won't have George Osborne talking down Scotland."
Mr Swinney said he could do much more if Scotland had the full range of economic and financial powers.
The finance secretary was speaking following the Bank of Scotland's latest Purchasing Managers' Index (PMI) which suggested a second successive monthly drop in new business orders.
The bank said a marked fall in demand for manufactured goods lay behind the latest decline. However, service providers saw a modest pick-up in new business.
Mr Swinney responded by saying: "I accept that growth has slowed, but the growth position in Scotland is better than the rest of the UK. We have a stronger employment position, lower unemployment and a lower level of economic inactivity."
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Subject: Financial powers 
Tue Nov 15, 2011 6:16 am
