The official announcement of second-quarter economic growth won’t be out until July 27, but already the predictions look good. Just don’t expect to hear them on ABC, CBS and NBC.
Economists and Wall Street firms have been crunching…
CBS Evening News
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June 7, 2018
There are now more job openings in America than Americans looking for jobs.
The Wall Street Journal reported on June 5, that in spring 2018, the U.S. economy reached this unique milestone — the first time since the Labor Department…
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June 4, 2018
The “booming jobs market” got very different treatment from each of the three broadcast networks as unemployment dropped to 3.8 percent.
While ABC, CBS and NBC evening news shows all reported the “stronger than expected…
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May 31, 2018
ABC, CBS and NBC are consistent.
Consistently willing to ignore economic news, that is.
On May 30, the government released the latest estimate of how fast the economy grew in the first quarter. The 2.2 percent growth was just shy…
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May 10, 2018
The media are treating the economy like a good-news/bad-news story. The good news is the economy is going well and unemployment is down to just 3.9 percent — the best since 2000. The bad news is ABC, CBS and NBC evening news programs don…
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April 30, 2018
Superheroes, the naming of a new royal and an adorable child umpire were all more important to ABC, CBS and NBC news than the latest U.S. economic data.
The Commerce Department announced a better-than-expected estimate of GDP — 2.3…
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April 27, 2018
CNBC’s on-air editor Rick Santelli reacted to the April consumer confidence numbers positively, but the same night ABC, CBS and NBC evening news programs all ignored the latest update of consumer attitudes toward the economy, as did their…
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April 23, 2018
The Federal Reserve and the Conference Board both issued positive progress reports about the U.S. economy last week. Neither got a peep from the broadcast networks on those days.
In fact, on April 18 and 19, the evening news…
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April 10, 2018
A fuzzy animal, faulty directions and famous murderers all outranked the latest jobs report from the Bureau of Labor Statistics.
The BLS announced on April 6, that the U.S. added 103,000 jobs in March and unemployment remained low.…
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April 4, 2018
The broadcast news shows have been obsessed with all things Russia — well, almost all things. Russian social media agitation and propagandizing over energy sources, pipeline projects and climate change was ignored.
The network…
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March 29, 2018
The biggest increase of consumer spending in three years pushed fourth-quarter economic growth to 2.9 percent, beating previous estimates and expectations.
But if you wanted to hear about it from your evening news program the same day,…
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March 16, 2018
The Organization for Economic Cooperation and Development (OECD) recently increased its estimates for U.S economic growth.Too bad it didn’t heighten network interest in the U.S. economy.
ABC World News Tonight with David Muir, NBC…
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March 15, 2018
The Nasdaq Composite, a tech-heavy index of 5,000 stocks, set new record highs again on March 9 and 12. Citing that and a host of other economic factors, market expert Marc Chandler described the current state of the economy as a “…
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March 12, 2018
February job gains came in at a whopping 313,000 new jobs, so much that NBC Nightly News anchor Lester Holt acknowledged it “blows away economists’ expectations.” The Wall Street Journal said expectations were at only 205,000.…
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February 28, 2018
Consumer confidence reached the highest level since November 2000, but that good economic news went unmentioned by the three broadcast networks’ evening newscasts.
ABC World News Tonight with David Muir, NBC Nightly News with Lester…
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February 7, 2018
Two nights before the Philadelphia Eagles took home its first Super Bowl trophy, the networks were far more focused on stories related to the big game than to one measure of the U.S. economy. So pre-game stories still outranked the strong jobs…
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February 6, 2018
While the early February 2018 market pullback has spooked some investors and already gained plenty of media attention, it illustrated all too well the broadcast networks’ tendency to cover bad economic news more than good. The networks…
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February 5, 2018
When the Dow Jones Industrial Average “nosedived” by nearly 666 points on Feb. 2, it got plenty of network attention. In fact, it got more coverage than the two huge Dow milestones that preceded it — combined.
Although…
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January 30, 2018
Since the campaign trail, President Donald Trump has made an economic turnaround and prosperity a top priority. But the network news media have not made covering economic news one of theirs.
Too often the networks focused on less…
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January 24, 2018
The GOP tax bill has already led to millions of dollars in bonuses for American employees, but the benefits won’t stop there, according to global economic forecasts.
The tax bill is also “expected to be responsible for about…
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