I had the displeasure of watching some network television this weekend as well as do some general business reading over the Easter weekend. Listening and reading several sources in the media, it’s clear that the group think there is that the U.S. is currently in a recession.
I am now constantly hearing things like “this tough economy,” “difficult economic times,” “how long will the recession last?”  Perhaps all these prognosticators are right, but count me as a doubting Thomas until I see the data.  There are many industries that are continuing to plug along nicely. Yes, housing and the construction markets are down big and retail is showing some signs of softness, but U.S. manufacturing continues at a nice pace and the fields of technology and agribusiness are doing just fine, thank you.
Perhaps the media says the U.S. is in recession because they are in a recession or their own downturn. Perhaps it’s not a recession, but a fundamental change in which advertisers reach prospective buyers?
We are in an election year and there are many in the media that want to see a Democrat in the White House. The drumbeat of bad news will likely continue for several more months until their man or woman is in the White House.