economic news http://mrc.org/taxonomy/term/22408/all en ABC, NBC Ignore GDP Plummet, Again http://mrc.org/articles/abc-nbc-ignore-gdp-plummet-again <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> CBS the only network to report dismal GDP announcements from April and May. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/sean-long">Sean Long</a> </div> </div> </div> <p dir="ltr">Two out of three networks spurned the downgrade of GDP into negative territory on May 29 and 30.</p><p dir="ltr">Of the ABC, CBS and NBC morning and evening news shows, only CBS “Evening News” mentioned that the already weak first-quarter GDP number was revised down to negative 1 percent growth.</p><div class='signature'><p>— Sean Long is Staff Writer at the Media Research Center. <a href="http://www.twitter.com/@SeanLong717" target="_blank">Follow Sean Long on Twitter.</a></p></div><p><a href="http://mrc.org/articles/abc-nbc-ignore-gdp-plummet-again" target="_blank">read more</a></p> Articles MRC Business Economy Media abc BEA cbs economic contraction economic growth economic news economy GDP NBC Scott Pelley Slowdown Fri, 30 May 2014 20:09:39 +0000 julia.seymour 46368 at http://mrc.org CBS, ABC Positive About Economy Nearly 2-to-1; Fed Disagrees http://mrc.org/articles/cbs-abc-positive-about-economy-nearly-2-1-fed-disagrees <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> Two networks focus on good news ahead of Federal Reserve downgraded growth forecast. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p dir="ltr">So much for the recovery. Even liberals admit employment is “<a href="http://www.motherjones.com/mojo/2013/09/obama-financial-crisis-anniversary-speech">weak</a>,” that household wealth hasn’t recovered and consumer experts say middle-class retailers are “<a href="http://online.wsj.com/article/SB10001424127887323981304579079451729775212.html">struggling</a>.” But two of the three broadcast news networks have been much more focused on “proof that the economy is getting stronger,” than on economic worries since the May jobs report was released June 6.</p><div class='signature'><p>— Julia A. Seymour is Assistant Managing Editor for MRC Business at the Media Research Center. <a href="http://www.twitter.com/BizMediaJulia" target="_blank">Follow Julia A. Seymour on Twitter.</a></p></div><p><a href="http://mrc.org/articles/cbs-abc-positive-about-economy-nearly-2-1-fed-disagrees" target="_blank">read more</a></p> Articles MRC Business Business Economy Government Media auto industry Ben Bernanke confidence economic news economic weakness economic worries economy Employment Evening News Federal Reserve Bank housing Nightly News positive spin QE quantitative easing spin unemployment World News With Diane Sawyer Tue, 24 Sep 2013 20:27:33 +0000 julia.seymour 44556 at http://mrc.org ABC Touts Housing ‘Comeback’ on Day of Confidence Drop http://mrc.org/articles/abc-touts-housing-comeback-day-confidence-drop <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> Tax hike makes consumer confidence plummet, evening news shows silent. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p>&nbsp;</p><p><a href="http://mrc.org/articles/abc-touts-housing-comeback-day-confidence-drop" target="_blank">read more</a></p> Articles MRC Business Economy Media abc broadcast networks cbs comeback consumer confidence David Muir Diane Sawyer economic indicators economic news economy evening newscasts GDP housing housing comeback housing market NBC tax hike Wed, 30 Jan 2013 18:55:34 +0000 julia.seymour 42440 at http://mrc.org