Chart 1 (click to enlarge)
Note to Chart 1: since the unemployment rate in any given month is released by the BLS at the beginning of the next calendar month, I plot the lagged unemployment rate alongside the current-month R-word count.
Now that the first quarter is over, I can also report The Economist’s R-word index, which is the number of stories per quarter containing the gloomy term in the New York Times and the Washington Post. That index reached 855, a value consistent with what we've seen at the beginning of recent recessions (see Chart 2).
Previous updates: January, February
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economics, news, media bias, recession, media