The major broadcast evening news programs each provided great examples of how network news can still be a source of concise and informative coverage on the economy this week when they covered new data releases from the Census Bureau.
On September 13, the U.S. Census Bureau released annual updates to its ongoing reports on income and poverty and health insurance coverage in the United States. The reports revealed stunning positive news about the state of the American economy: a record-setting 5.2 percent increase in median household income from 2014 to 2015, median income at its highest point since before the Great Recession, a drop in the official poverty rate of 1.2 percentage points, more than 3.5 million Americans lifted out of poverty, a 1.3 percentage point drop in the uninsured rate, and roughly 4 million fewer uninsured Americans. In response to the data, Robert Greenstein of the Center on Budget and Policy Priorities (CBPP) noted that 2015 marked just the second year since 1988 “that brought simultaneous progress on poverty, median income, and health insurance.”
Print and online coverage of the Census data was overwhelmingly positive, with CNNMoney writer Tami Luhby and Washington Post contributor Paul Waldman both noting that the data undermine a key (albeit, “false”) talking point frequently used by Republicans: that there has been wage stagnation, and President Obama is to blame.
Just as importantly, the positive coverage continued during the September 13 editions of major nightly broadcast news programs on ABC, CBS, NBC, and PBS, which collectively draw more than 20 million daily viewers. Only ABC failed to note all three of the key Census data findings -- the increase in median income, the drop in poverty, and the drop in the uninsured rate -- during its reporting.
As is often the case, PBS NewsHour offered the most in-depth and detailed discussion of the Census reports. Correspondent Lisa Desjardins spent just under three minutes detailing the data and discussing its possible political ramifications and effect on the upcoming election. The segment even included some cautionary notes, including reasons that some Americans have not seen a boost in take-home pay despite the surge in median earnings and some potential problems faced by customers on the private insurance market.
Next in terms of quality of coverage were CBS Evening News and NBC Nightly News, both of which discussed all of the key takeaways from the data. CBS anchor Scott Pelley said the Census reports were “great news” and stood as proof that “more Americans are cashing in on the recovery.” NBC anchor Lester Holt added that “middle class incomes had their fastest rate of growth ever recorded” and “incomes increased across all racial groups.”
ABC’s World News spent the least amount of time on the topic, mentioning the Census data as just part of a discussion about the stock market, but anchor David Muir still noted that the 5.2 percent median income increase was “the largest rise in nearly 50 years.”
The individual segments might not seem like cause for celebration, but, according to recent Media Matters analyses of broadcast news coverage, each segment should serve as an example of how these programs can adequately discuss the economy.
Overall coverage of the economy fell considerably from the first to second quarter of 2016, as the major networks focused more of their limited time on horse-race political coverage detached from the economic issues that actually drive voter behavior. Coverage of economic inequality and poverty also decreased from the first to second quarter of the year overall -- only ABC and CBS focused more attention on those crucial subjects from April through June than they had in the first three months of the year:
Unfortunately, throughout the first half of the year, major news outlets have been focusing less and less attention on the economy, creating a void that can easily be filled with misinformation. As broadcast and cable outlets retreated from covering the economy, misleading and biased stories emanating from Fox News and Republican presidential nominee Donald Trump accounted for a higher proportion of coverage.
Broadcast evening news shows face considerable challenges in trimming segments down to fit abbreviated commercial schedules, but their coverage on September 13 demonstrated that the flagship programs can still balance brevity and substance when they try.