If the economy is slowing slower than expected, is that still bad news?
Should we benchmark the New Zealand growth rate against our international peers or should we be aiming higher?
Today's GDP growth data - 0.5 per cent for the June quarter - has come in bang on Reserve Bank expectations and slightly stronger than the market expected.
In doing so it's provided a kind of political Rorschach test for economy watchers.
There's something for everyone whatever your outlook.
Opposition parties, as you'd expect, were