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downturn

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Mar 06

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Does Negative News Contribute to the Downturn?

Question: I would love to see you do a story on the impact of media coverage on the recession. Over the last two years, there has been a steady drumbeat of “the recession is coming, the recession is coming!” Is…

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Oct 30

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Consumers Trim Spending in New Sign of Economic Downturn

New data show that consumer spending fell 3.1 percent in the third quarter, its sharpest drop in 28 years. New York Times columnist David Leonhardt examines the latest numbers.

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Jul 28

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White House Announces Record Budget Deficit

By PBS News Hour

Whoever wins the presidency in November will be saddled with a record budget deficit of $482 billion, according to a Bush administration estimate released Monday.

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