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AP Tries to Impress With Expected (Really Puny) 'Pickups' in GDP Growth

By Tom Blumer | December 22, 2015, 6:45 PM EST

Today's release from the government on economic growth estimated that the nation's Gross Domestic Product grew at an annual rate of 2.0 percent in the third quarter, a slight downward revision from November's estimate of 2.1 percent. This c ...

As Usual, AP Report on Deficit Fails to Note Far Larger Increase in National Debt

By Tom Blumer | December 12, 2015, 9:25 AM EST

For a change, Martin Crutsinger's coverage at the Associated Press of the federal government's November Monthly Treasury Statement wasn't completely full of rose-colored baloney. Crutsinger managed to note how auto-pilot entitlement program ...

AP Accentuates and Makes Up Positives, Ignores Most Negatives, in Covering October Durable Goods Report

By Tom Blumer | November 27, 2015, 7:01 PM EST

Ever since the White House changed hands almost seven years ago, press reports on the U.S. economy have annoyingly overaccentuated whatever positives reporters might find (or think they have found), while ignoring glaring negatives and omitting key items. ...

AP Headlines Oct. Consumer Spending As 'Weak'; Crutsinger Opens by Claiming a 'Modest Increase'

By Tom Blumer | November 27, 2015, 11:29 PM EST

Economic news on Wednesday's pre-Thanksgiving " Getaway Day " was largely dismal. The government's report on October's personal income and outlays headed up the disappointing news. While incomes increased nicely — at a rate which ...

AP's Crutsinger Makes His Report on Troubling October Deficit Almost All About Other Things

By Tom Blumer | November 13, 2015, 6:02 PM EST

The federal government kicked off fiscal 2016 yesterday by reporting that its October deficit was $136.5 billion, 12 percent higher than the $121.7 billion shortfall seen in October 2014. Single-month comparisons can be tricky because of timing difference ...

AP's Crutsinger Treats Increase in Already-Bloated Inventories As Positive

By Tom Blumer | November 10, 2015, 7:55 PM EST

Today's "I'm just making stuff up on the fly" award nominee is Martin Crutsinger at the Associated Press. The AP reporter, named by National Review's Kevin Williamson as America's "Worst Economics Writer" in 2013, l ...

AP Quickly Takes Story on Awful Factory Orders Off 'Top Business News' Page

By Tom Blumer | November 3, 2015, 5:37 PM EST

As is so often the case with such stories, one can tell how favorable or disappointing a government report on the economy was by whether a story about it is still present at the Associated Press's "Top Business News" page several hours afte ...

Not News: Long-Term Mediocre Economic Peformance Has Cost Americans Thousands Each

By Tom Blumer | October 31, 2015, 10:47 PM EDT

On Thursday, the government reported that the nation's economy turned in yet another quarter of poor economic performance, estimating that its gross domestic product grew at an annual rate of 1.5 percent in the third quarter. The business press almos ...

AP's Crutsinger: 3rd Quarter Economy Was 'Subpar,' But Future 'Outlook Brightens'

By Tom Blumer | October 28, 2015, 11:09 PM EDT

Preparing the battlespace for tomorrow's report from the government on third-quarter Gross Domestic Product growth, the Associated Press's Martin Crutsinger early this aftenoon told readers that we're likely to see "a subpar pace by an ...

AP's Coverage of Another Awful Durable Goods Report Goes Quickly Into Hiding

By Tom Blumer | October 27, 2015, 3:08 PM EDT

If you're a few hours late catching up on reports on economic data at the Associated Press, one of the best ways to determine whether the news was good or disappointing is to see whether the story's headline and opening blurb are still present a ...

AP's Crutsinger Fails to Investigate How Jobless Claims Stay Low With Slow Hiring

By Tom Blumer | October 22, 2015, 4:13 PM EDT

If a Republican or conservative was in the White House, the Associated Press's Martin Crutsinger would have found a reason to be unimpressed in his dispatch today about how low initial unemployment claims continue to be, even as hiring has been slowi ...

Not News at AP: 10 Straight Months of Year-Over-Year Declines in Factory Orders and Shipments

By Tom Blumer | October 3, 2015, 10:12 AM EDT

Although it was very disappointing, the September Employment Situation Summary, which told us that the economy added only 142,000 seasonally adjusted jobs as hundreds of thousands of Americans withdrew from the labor force, was not the worst economy-relat ...

Business Wires Pretend That U.S. Weakness Didn't Influence Fed's No-Change Rate Decision

By Tom Blumer | September 19, 2015, 12:37 PM EDT

The business press is trying to convince readers, listeners, and viewers that Janet Yellen's Federal Reserve kept interest rates at zero not because of U.S. economic conditions, which supposedly "look good" with "steady economic growth ...

At AP, Possibly Lowest Deficit in 8 Years Is News, But Certain Records For Taxes and Spending Aren't

By Tom Blumer | September 12, 2015, 7:43 PM EDT

Friday's report on the federal government's budget deficit through August told us that with one month remaining in the fiscal year, Uncle Sam will certainly "achieve" an all-time single-year record in tax collections accompanied by all ...

AP Coverage of Manufacturing Continues to Ignore Its Steep, Documented Decline

By Tom Blumer | September 3, 2015, 11:57 PM EDT

The press's failure to tell the public how seriously the U.S. economy is struggling is not the most egregious exercise in reality avoidance we've seen during the past several months. The willful denial of Iran's intent to destroy Israel and ...