Bloomberg Predictably Drops ‘Unexpectedly’ From Consumer Confidence Report

It looks like someone in the establishment business press might be getting a little touchy about the razzing they continually receive for delivering “unexpectedly” bad economic news. As captured by Glenn Reynolds at Instapundit and corroborated in this Google News description , Bloomberg's 10:16 a.m. report on consumer sentiment told readers that “Consumer confidence unexpectedly fell in June to a seven-month low, indicating that slowing employment gains are weighing on Americans' outlooks.” At 11:31 a.m. — to be clear, not influenced by Reynolds's post, which went up shortly after noon — a sanitized version of the report by Alex Kowalski and Jillian Berman read as follows: Consumer confidence dropped to a seven-month low in June as Americans grew concerned about the outlook for jobs and wages.

Posted by on June 28, 2011. Filed under Politics. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.