Biz media contradict each other about LA real estate
Orange County Register real estate columnist Jon Lansner notes that the Los Angeles Times and The Wall Street Journal wrote differing reports about the Los Angeles real estate market on Tuesday’s papers. The Times wrote, “Median sale prices fell by 13% in Beverly Hills in April, compared with the same month last year. Rancho Palos Verdes […]
BusinessWeek starts blog on recession
BusinessWeek.com has launched a new blog called “Recession in America“ in which reporter Tim Catts is travelling the country over the next four months covering the recession in America. Every day, Catts is blogging on how the recession is affecting the country, its people, and its businesses. Readers can directly participate by suggesting story ideas and helping BusinessWeek editors decide where to send Catts […]
Real estate CEO blames biz media for poor results
TheStreet.com media critic Marek Fuchs wonders in amazement Wednesday that the statement from homebuilder Toll Brothers CEO Robert Toll blaming the business media for his company’s lackluster performance. Fuchs writes, “Blaming the media for the fractured state of your business is lamer than the retail industry’s fallback excuse of too hot/cold/rainy/dry weather. It is also […]
Getting out in front of economic development news
Dan Barkin, a senior editor at The (Raleigh) News & Observer, writes Tuesday about how one of the paper’s reporters, Jonathan Cox, was able to report an economic development story before the official announcement. Barkin writes, “One of the hardest things to do for a reporter is to get out in front of a big […]
Coverage of weak economy is strong
Armando Acuña, the public editor of the Sacramento Bee, writes Sunday that the paper’s coverage of the economy is increasingly placing stories from the business section elsewhere in the paper. Acuña writes, “Readers, of course, have noticed, prompting many of them to comment on various aspects of The Bee’s coverage and on specific stories. Mainly, […]
Choosing stories reflects how paper's use resources
Nancy Barnes, the editor of the Minneapolis Star-Tribune, writes for Sunday’s paper about how the newspaper picks the stories that it chooses to have its reporters dig into, and uses a recent real estate series as an example. Barnes writes, “It is also reflected in how we choose to use our resources. Last week, for […]
Economic data used by journalists is being cut
Mark Lieberman, the senior economist for Fox Business Network, reports Monday that the government is cutting the funding that provides local economic data used by many business journalists to write about the economy. Lieberman writes, “The government has come up with a novel solution to the steady drumbeat of bad economic news: Reduce funding for […]
No, business journalists do not cause recessions
That’s the response from Andrew Leckey, director of the Donald W. Reynolds National Center for Business Journalism at Arizona State University, who is quoted in Tursday’s Arizona Republic in response to concerns from readers that too much negative news is being printed about the economy. The item states, “Some readers, particularly those who’ve seen investments […]
Why business journalists should cover the election
Michael Kinsley writes in Time magazine that given the current economic situation in the country, more business journalists should be covering the election. Kinsley writes, “Where is the ‘conversation’ about the economy that’s even half as sophisticated as Obama’s speech about race? One that explains to people that you can’t just make everything better by […]
Does glum economics coverage affect consumer confidence?
Hal Morris, writing on his Grumpy Editor blog, wonders if all of the negative stories about the economy affects the consumer confidence index. Morris writes, “Grumpy Editor cites these news items, getting a play Wednesday, that are among developments certain to affect this month’s Conference Board report (based on input from 5,000 households), to be […]
