economic spin http://mrc.org/taxonomy/term/22428/all en Economic Growth Turns Negative, CBS Only Network to Admit Rate http://mrc.org/articles/economic-growth-turns-negative-cbs-only-network-admit-rate <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> NBC ignores GDP, while ABC dances around the ‘speed bump’ with positive report; print downplays drop. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p>Economic activity in the U.S., turned negative in the fourth quarter of 2012 according to the Commerce Department, just one day after a huge drop in consumer confidence was announced.<br /><br />This took the media entirely by surprise. It was the first time the economy went into negative territory since the recession ended. But this significant report was completely ignored by NBC “Nightly News,” carefully danced around on ABC “World News” and downplayed on CBS “Evening News” on Jan. 30. Print outlets downplayed the news by claiming it was “not so bad.”<br /></p><p><a href="http://mrc.org/articles/economic-growth-turns-negative-cbs-only-network-admit-rate" target="_blank">read more</a></p> Articles Business and Media Institute Economy Government Media abc Anthony Mason bad news bob brusca cbs CNBC David Muir Diane Sawyer economic data economic growth economic indicators economic spin economist economy GDP john berlau NBC negative growth networks Recession speed bump Washington Post Thu, 31 Jan 2013 16:39:32 +0000 julia.seymour 42456 at http://mrc.org