Categories: OLD Media Moves

The AP and the R word

Hal Morris, writing on his Grumpy Editor blog, complains that the Associated Press is emphasizing the prospect of a recession too much in its coverage.

Morris wrote, AP writer MartinCrutsinger pulled information from a National Association for Business Economics survey of 49 economists in declaring, ‘Because of all the bad news, more and more economists foresee the country falling into a recession.’ But it turns out to be something like — is the glass about half full or about half empty?

“He reported ’45 percent of the economists on its forecasting panel expect a recession this year.’ Grumpy Editor’s translation: that means 22 economists who see the ‘R’ word approaching — leaving a higher number, 27, who don’t.

“To be fair, Crutsinger, in the fifth paragraph of his piece, works in, ’55 percent still believe the country will be able to skate by without falling into an actual downturn, typically defined as two consecutive quarters of declines in gross domestic output, the broadest measure of economic health.'”

Read more here.

Recent Posts

Reuters, Fortune, Bloomberg, CNBC win Headliner Awards

Reuters has won the National Headiner Award for business news coverage for its stories about…

53 mins ago

Bloomberg hires Palasciano to cover EU foreign policy, NATO

Bloomberg News has hired Andrea Palasciano to cover European Union foreign policy and NATO. She will be…

2 hours ago

Financial Times strikes deal with OpenAI

The Financial Times has struck a deal with OpenAI to train artificial intelligence models on…

2 hours ago

Business Insider’s Carlson to leave this summer

Business Insider editor in chief Nicholas Carlson plans to leave this summer, reports Maxwell Tani of Semafor. Tani reports,…

2 hours ago

Fortune’s Murray becoming Yale fellow

The Yale Program on Stakeholder Innovation and Management announced the appointment of Alan Murray, departing chief…

18 hours ago

Advocate seeks a business reporter in Baton Rouge

The Advocate is looking for a savvy reporter to cover the Baton Rouge business scene…

2 days ago