It is understandable, but not forgivable, that business reporters at Old Media newspapers might think that the economy is in bad shape. They first have to get past how poorly most of their employers are doing. The industry as a whole has not been doing well, and it's been that way for quite some time.
This table illustrates that point (September 30, 2007 figures are at this post, which originally came from this Editor & Publisher article, which will soon disappear behind its firewall; March 31, 2005 figures were estimated in reverse using annual percentage changes reported as of March 31, 2006, because older data I thought would remain available no longer is):

There's no media nook safe from liberal bias, not even sports reporting
Candidate Fred Thompson is the butt of media jokes, once again. This time it is due to the reporting by the
On Saturday, NewsBusters asked two important questions: “
It was “Miller Time” again on the “O’Reilly Factor” Wednesday night, and though the boys got off to a slow start, they finished quite strong.
On Wednesday, NewsBusters