{"id":5853,"date":"2012-10-26T19:47:21","date_gmt":"2012-10-26T23:47:21","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=5853"},"modified":"2012-10-26T19:47:21","modified_gmt":"2012-10-26T23:47:21","slug":"a-closer-look-gdp-data-the-big-picture","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/26\/a-closer-look-gdp-data-the-big-picture\/","title":{"rendered":"A Closer Look GDP Data &#124; The Big Picture"},"content":{"rendered":"<p>By Barry Ritholtz<\/p>\n<blockquote><p>The GDP data this morning was a deep sigh of relief for those people who fear a recession may be coming. I don\u2019t have that sense of relief. Perhaps its my own bias, but the details of the GDP report reveal not an organic growth period in a healthy recovering economy, but rather a tepid post-credit crisis expansion highly dependent on government largesse and Federal Reserve accommodation&#8230;..<\/p><\/blockquote>\n<p>via <a href='http:\/\/www.ritholtz.com\/blog\/2012\/10\/a-closer-look-gdp-data\/?utm_source=feedburner&#038;utm_medium=email&#038;utm_campaign=Feed%3A+TheBigPicture+%28The+Big+Picture%29'>A Closer Look GDP Data | The Big Picture<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Barry Ritholtz The GDP data this morning was a deep sigh of relief for those people who fear a recession may be coming. I don\u2019t have that sense of relief. Perhaps its my own bias, but the details of the GDP report reveal not an organic growth period in a healthy recovering economy, but &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/26\/a-closer-look-gdp-data-the-big-picture\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;A Closer Look GDP Data &#124; The Big Picture&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,34],"tags":[1527],"class_list":["post-5853","post","type-post","status-publish","format-standard","hentry","category-economy","category-us-canada-countries-regions","tag-gdp-growth"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A Closer Look GDP Data &#124; The Big Picture - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Closer Look GDP Data &#124; The Big Picture - the patient investor\" \/>\n<meta property=\"og:description\" content=\"By Barry Ritholtz The GDP data this morning was a deep sigh of relief for those people who fear a recession may be coming. I don\u2019t have that sense of relief. Perhaps its my own bias, but the details of the GDP report reveal not an organic growth period in a healthy recovering economy, but &hellip; Continue reading &quot;A Closer Look GDP Data &#124; The Big Picture&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/26\/a-closer-look-gdp-data-the-big-picture\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-10-26T23:47:21+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/26\/a-closer-look-gdp-data-the-big-picture\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/26\/a-closer-look-gdp-data-the-big-picture\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"A Closer Look GDP Data &#124; The Big Picture\",\"datePublished\":\"2012-10-26T23:47:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/26\/a-closer-look-gdp-data-the-big-picture\/\"},\"wordCount\":88,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"GDP growth\"],\"articleSection\":[\"Economy\",\"US &amp; Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/26\/a-closer-look-gdp-data-the-big-picture\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/26\/a-closer-look-gdp-data-the-big-picture\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/26\/a-closer-look-gdp-data-the-big-picture\/\",\"name\":\"A Closer Look GDP Data &#124; The Big Picture - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2012-10-26T23:47:21+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/26\/a-closer-look-gdp-data-the-big-picture\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/26\/a-closer-look-gdp-data-the-big-picture\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/10\/26\/a-closer-look-gdp-data-the-big-picture\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A Closer Look GDP Data &#124; The Big Picture\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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The latest ABS report showed unemployment dropped to 3.7% in February, while the trend remained at 3.8%. Aird says the sharp rise in employment\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Australian Unemployment Rate","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-21-aus-u3.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-21-aus-u3.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-21-aus-u3.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":14632,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/12\/08\/wider-trade-gap-adds-to-economys-worries\/","url_meta":{"origin":5853,"position":3},"title":"Wider trade gap adds to economy&#8217;s worries","author":"ColinTwiggs","date":"December 8, 2016","format":false,"excerpt":"From Jens Meyer and Patrick Commins: A surprise blow-out in the October trade deficit has raised questions about the predicted rebound in economic growth, following the first contraction in GDP in five years. Instead of shrinking as predicted, Australia's trade gap widened 20 per cent to $1.54 billion as growth\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16373,"url":"https:\/\/thepatientinvestor.com\/index.php\/2018\/06\/27\/australias-debt-bomb\/","url_meta":{"origin":5853,"position":4},"title":"Australia&#8217;s Debt Bomb","author":"Colin Twiggs","date":"June 27, 2018","format":"video","excerpt":"Martin North interviews economist John Adams about structural imbalances in the Australian (and global) economy. \"I do think they will try to print their way out of this problem.\" https:\/\/youtu.be\/5hJpC3bmzZU Hat tip to Macrobusiness. Comment: I do take issue with the comparison of CPI to Broad Money growth. Broad money\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/5hJpC3bmzZU\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":16767,"url":"https:\/\/thepatientinvestor.com\/index.php\/2018\/07\/28\/bullish-gdp-numbers-for-the-us\/","url_meta":{"origin":5853,"position":5},"title":"Bullish US GDP numbers","author":"Colin Twiggs","date":"July 28, 2018","format":false,"excerpt":"The Bureau of Economic Analysis (BEA) reports that real gross domestic product (real GDP) increased at an annual rate of 4.1 percent in the second quarter of 2018. This is an advance estimate, based on incomplete data and is subject to further revision. While the spurt in quarterly growth is\u2026","rel":"","context":"In &quot;GDP and Activity&quot;","block_context":{"text":"GDP and Activity","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/gdp-and-activity\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/5853","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=5853"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/5853\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=5853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=5853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=5853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}