On Jobless Claims Report, AP's Crutsinger Discounts the Present, and G
January 5th, 2006 5:38 PM
The Associated Press's Martin Crutsinger has been on the opposite of a roll:Just before Christmas, he appeared to be lowballing the consensus estimate of 4th Quarter 2005 GDP growth by describing it as "around 3 percent," when a broad-based Bloomberg survey of economists indicated a consensus forecast of 3.3%. Second, he pooh-poohed November's Construction Spending report released two days ago…
Let's Just Agree to Disagree
December 13th, 2005 10:48 AM
Two stories on the same Manpower employment report: Hiring Outlook Bright For 2006 - CBS NewsNew year job market bleak - NewsdayI like the opening to the Newsday article: Waiting for January to find a new job? It might not happen even then. If you need a job, you might not want to just sit around for a month waiting for one to fall in your lap, because as Newsday so insightfully points out, it…
Media Downplay Extremely Strong November Jobs Report
December 7th, 2005 10:08 AM
A recent report published by the Gallup Organization stated: “a majority of U.S. investors continue to describe the current economy as being ‘in a slowdown’ or ‘recession’ as opposed to being ‘in a recovery’ or ‘sustained expansion.’” Regardless of continuously strong economic reports, such bearish assessments have been regularly portrayed by public opinion polls for several years. During this…
NYT Makes 'Yes, But' Economic Reporting an Art Form
November 30th, 2005 1:25 AM
You've come to Newsbusters because you want to see a concrete example of liberal bias. Who delivers that better than the New York Times? This is reality. We're 4 years out from the worst attack since Pearl Harbor, post dot-com crash, we've had more hurricanes than any year since some old man first started keeping track, and we just about had a major U.S. city -- an economically important city…