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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>Barry Ritholtz Squares the Circle on GDP Growth vs. Consumer Spending | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="wHAflTHBh8"&gt;&lt;a href="https://www.nakedcapitalism.com/2007/06/barry-ritholtz-squares-circle-on-gdp.html"&gt;Barry Ritholtz Squares the Circle on GDP Growth vs. Consumer Spending&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2007/06/barry-ritholtz-squares-circle-on-gdp.html/embed#?secret=wHAflTHBh8" width="600" height="338" title="&#x201C;Barry Ritholtz Squares the Circle on GDP Growth vs. Consumer Spending&#x201D; &#x2014; naked capitalism" data-secret="wHAflTHBh8" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>The most puzzling element in the recent set of economic releases and revisions on GDP growth is the disconnect between overall growth and consumer spending. The initial release for the first quarter showed GDP growth of 1.3% despite a rise in consumer spending of 3.8%; the revisions released last week reduced GDP growth to a [&hellip;]</description></oembed>

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