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Recovery remains reliant on consumer spending, which accounted for two-thirds of third-quarter growth.
What it showed was an economy unhealthily reliant on consumer spending.
The ONS challenges the assumption that the UK recovery has been particularly reliant on consumer spending.
"The UK recovery, although on course, is still fragile – it remains too reliant on consumer spending and is facing headwinds.
Beijing wanted to rebalance the Chinese economy, to make growth less focused on exports and more reliant on consumer spending.
Later he said that more recent figures showed the economy was less reliant on consumer spending going forward.
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"The lack of wage growth leaves the economy vulnerable to setbacks, especially as growth has one again become all-too dependent on consumer spending, which is in turn reliant on low inflation". said Chris Williamson, chief economist at data provider Markit.
Looking forward, how much should we worry about the unbalanced nature of the recovery, reliant as it has been so far on consumer spending and the housing market?
Two industries that have beaten the S.& P. 500 in the third quarter, computer and software makers as well as companies reliant on discretionary consumer spending, had the biggest declines Thursday and extended losses Friday.
Minutes of the Monetary Policy Committee's latest meeting noted signs that the UK's recent growth spurt may not have been as reliant on a consumer spending spree and resurgent housing market as first appeared, but said "there remained some way to go to ensure that the recovery was both balanced and sustainable".
If Americans are too nervous and uncertain to book summer vacations, buy new cars, homes and furniture, it's bound to have a devastating impact on America's already fragile economy of which 70% is reliant upon consumer spending.
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