Great example.Ki wrote:Here's an example, today when it was reported that the Consumer Index increased by 1% (not much, but the experts expected it to decrease), Fox News had it on their website, but CNN did not. I would think that is a very important story for CNN to cover. Are they that incompetent that they would overlook such a story? It may be there now. I'll go look, but it defiinitely wasn't there this morning.
Here's what Consumer Reports reports.
I cant find the story on FOX news or FOX Business websites tho.February 13, 2009
Despite Washington's efforts to get the economy back on track, American consumers aren't showing much confidence in recovery, according to two measures of consumer sentiment.
The February report by Reuters and the University of Michigan found that consumers didn't like either where the economy is now or where it is heading.Consumer confidence was also at a low point this week in daily surveys by Rasmussen Reports. The Consumer Index hit all-time lows on Wednesday and Thursday but did rebound a tiny bit on Friday.
- U.S. consumer confidence fell to its lowest in three months in February as sentiment grew increasingly gloomy over an economic downturn that most expect to last up to five years, according to the Reuters/University of Michigan Surveys of Consumers.
"Confidence fell in early February as consumers came to the consensus that the economy would remain in recession throughout 2009," the report said.
"Moreover, nearly two-thirds anticipated that the downturn would last five more years."
The Reuters/University of Michigan Surveys of Consumers said its index reading of confidence for February tumbled to 56.2 from 61.2 in January.
That was the lowest since November, when U.S. stocks hit 11-year lows during one of the worst periods of the current financial crisis. A separate reading in the report showed consumer expectations fell to their lowest since May 1980.
If they reported something like "Consumer Index Up!" with no context, then THEY are the one that seems biased.
