Christopher Rugaber

It seems that beat reporters need to be constantly reminded that they have their hands full just discerning the facts, relaying them coherently, and leaving the "analysis" to others (while presenting alternative analytical takes when necessary). The nagging is really for their own good. If they would stick to their jobs instead of "analyzing," which often is a cover for getting out their own…

At 10 a.m. this morning, the Census Bureau essentially declared the much-ballyhooed "housing recovery" an illusion. Only 35,000 homes were actually sold in July. That translates to a seasonally adjusted annual rate of 394,000, miles below the expected 487,000 and 12% below June's 455,000, which was itself revised down from 497,000. After the jump, I'll reveal what supposedly leading personal…

After a two-year hiatus, the Associated Press has apparently decided that Americans need a weekly reminder of how bad weekly layoffs were during the recession. In June 2011, possibly as a result of some hectoring by yours truly, the wire service totally or almost totally stopped reminding readers that "(unemployment) claims applications peaked at 659,000 during the recession." That tired…

Maybe because it's a UFO, we're not supposed to be able to explain it. No, I'm not talking about unidentified flying objects at the recently acknowledged Area 51. I'm talking about an unexplained financial observation, the one made by the Associated Press's Christopher Rugaber on Monday after the release of the July Regional and State Employment and Unemployment report Monday morning. Rugaber…

What do you do when you're the Associated Press, aka the Administration's Press, and you're trying to do your level best to described a floundering economy without incurring the wrath of the Obama administration? You search for positive-sounding words to describe what is in reality a marginal situation. The AP seems to have settled on "steady" and "steadily."

In this case, the old saying, "Better late than never" really shouldn't apply. In June, when the government's Household Survey used to determine the unemployment rate reported that there were 240,000 fewer full-time workers and 360,000 more part-time workers than there were in May, the establishment press, particularly the Associated Press, largely ignored or downplayed the result. The AP's…

During the Obama administration's 4-1/2 year track record of economic underachievement, establishment press business reporters have usually waited until the bad news actually comes out before working on convincing readers that future news will be better. Not this time, at least at the Associated Press, aka the Administration's Press. Christopher "Gone are the fears that the economy could fall…

I was going to leave this alone because the original item involved goes back to last week. But Christopher Rugaber at the Associated Press brought it up again in his report today on existing home sales, so it's fair game again. The final sentence of his dispatch refers to last week's Census Bureau data in the new home market, and claims that "In June, they (builders) applied for permits to…

In a Sunday morning story which will likely have limited reach, and will then probably be considered old news by the time the business week resumes tomorrow, the Associated Press, aka the Administration's Press, finally got around to recognizing a trend on which yours truly and others have been commenting for at least 2-1/2 years: the surge in employment at temporary help services. That the…

It wasn't a tough prediction, but late Friday morning Noel Sheppard at NewsBusters noted the seemingly "metaphysical certitude the Obama-loving media will be falling over themselves in the next 48 hours to report the better than expected jobs numbers in June." Well, of course. Noel also wondered how much attention the press would pay to less than desirable aspects of yesterday's jobs report…

I suspect that a number of people are tired of the establishment press telling us how so many economic reports have "best in" or best since (specific month in) 2008 (or 2007)" figures, especially the ones that still don't reflect what anyone would consider acceptable in normal economic times. Just a few examples include housing starts, housing permits, new home sales, existing home sales,…

Before the government released its first estimate of first-quarter economic growth in late April, the establishment press, particularly Bloomberg News and the Associated Press, salivated at the chance to report the then-predicted "robust" annualized growth of 3 percent and to describe how the economy had "accelerated" from the previous quarter's pathetic 0.4 percent. When that first estimate…

One particular sentence has recently become a virtual meme at the Associated Press, aka the Administration's Press. Its latest appearance is at Christopher Rugaber's report this afternoon on April's seasonally adjusted 0.2 percent drop in consumer spending. Rugaber, who infamously wrote "Gone are the fears that the economy could fall into another recession" in early April, perhaps betraying a…

You've got hand it to some (probably most) of the reporters at the Associated Press, aka the Administration's Press. Their story is that the economy is all right, and by gosh, they're sticking to it. Tom Raum's dispatch yesterday is a case in point. Along the way, he pulled out several of the tired spin-driven claims which have long since been taken down but which haven't yet penetrated the…