{"id":3521,"date":"2011-02-15T08:29:35","date_gmt":"2011-02-15T15:29:35","guid":{"rendered":"http:\/\/www.jasonapollovoss.local\/?p=3521"},"modified":"2018-09-21T02:08:08","modified_gmt":"2018-09-21T06:08:08","slug":"fourth-quarter-gdp-barely-grows-in-the-eurozone","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2011\/02\/15\/fourth-quarter-gdp-barely-grows-in-the-eurozone\/","title":{"rendered":"Fourth Quarter GDP Barely Grows in the Eurozone"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">Fourth quarter eurozone GDP (gross domestic product) grew at a very slow pace of 0.3%.\u00a0 Growth of this magnitude is barely above 0.0% and indicates just how precarious the economic recovery is in Europe.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\"><strong>Analysis: <\/strong>Officially the low rate of growth is being attributed to bad weather throughout Europe.\u00a0 Yet the growth rate in the fourth quarter was the same pace as in the third quarter, which was not plagued by bad weather.\u00a0 While it&#8217;s true that bad weather slowed construction in Germany by 25% &#8211; a huge percentage &#8211; the German economy still trails the United States in economic growth.\u00a0 Yet, Germany is consistently the best performing economic in the eurozone.\u00a0 So bad weather is a poor excuse for a continued lack of innovation, or what I like to call <a href=\"https:\/\/jasonapollovoss.com\/web2009\/01\/17\/what-is-real-economic-growth\/\" target=\"_blank\" rel=\"noopener\"><em>real economic growth<\/em><\/a>.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\"><strong>Importance grade:<\/strong> 8; the eurozone technically has exited recession, but its gross economic performance continues to hover just above recession.\u00a0 This is standard operating performance in Europe.\u00a0 However, what is not standard is a eurozone economy that hovers just above recession and just above a consuming debt crisis.\u00a0 While <a href=\"https:\/\/jasonapollovoss.com\/web2010\/12\/13\/what-my-intuition-tells-me-now-2011-predictions\/\" target=\"_blank\" rel=\"noopener\">it is my feeling that the European debt crisis will pass without much affect<\/a>, there remains a risk that Europe sinks into recession again.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\">Jason Apollo Voss, CFA<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fourth quarter eurozone GDP (gross domestic product) grew at a very slow pace of 0.3%.\u00a0 Growth of this magnitude is barely above 0.0% and indicates just how precarious the economic recovery is in Europe. &nbsp; Analysis: Officially the low rate of growth is being attributed to bad weather throughout Europe.\u00a0 Yet the growth rate in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-3521","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/3521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=3521"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/3521\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=3521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=3521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=3521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}