There's news--lots of news--lots of bad news--in the Commerce Department's Bureau of Economic Analysis's "advance" release on GDP and the state of the economy in the fourth quarter of 2005. So I'm going to want to spend class on Tuesday, January 31 looking at (a) what the Thursday morning economic news was, and (b) how it was reported:
Here's how it was being covered on the morning of the 27:
Full report in pdf format at: http://www.bea.doc.gov/bea/newsrelarchive/2006/gdp405a.pdf
Later on: Economists:
Later on: Journalists:
The New York Times Saturday morning story: U.S. Economy Slowed Sharply at End of 2005 - New York Times: By EDUARDO PORTER and VIKAS BAJAJ .