The media's coverage of the troubled economy has shifted repeatedly in the last year from a narrative about mortgages to one about recession, a banking crisis and now largely gas prices -- a changing storyline and one that differs from medium to medium. Moreover, the connection between media coverage and economic events has often been uneven. Sometimes, coverage has lagged months behind economic activity, when the storyline was dependent on government data. Other times, coverage has tracked events erratically, as with housing and inflation. But when the story is easier to tell, as in the case of gas prices, coverage has been closely tied to what is actually occurring in the marketplace. These are some of the findings of a new detailed examination of how the American news media have covered the economic slowdown over the last two years, produced by the Pew Research Center's Project for Excellence in Journalism.
