The public’s perceptions of economic news, which took a decided downturn in August, are much less negative today. Currently, 48% say they are hearing mostly bad news about the economy, down from 58% in October and 67% in August. Still, very few Americans say news about the economy is mostly good (3%). Nearly half (48%) see the news as a mix of good and bad.
The latest weekly News Interest Index survey, conducted Nov. 10-13 among 1,000 adults by the Pew Research Center for the People & the Press, finds that 32% say they followed news about the Penn State scandal, which led to the firing of legendary football coach Joe Paterno, more closely than any other news. By comparison, 18% cite news about the economy as their top story while 12% cite sexual harassment accusations against GOP presidential candidate Herman Cain.
Views of Economic News
The proportion saying they are hearing mostly bad news about the economy has declined 19 points since August, when there were widespread concerns about a possible double-dip recession. Still, far more say they are hearing mostly bad news about the economy today than did so at the beginning of 2011 (48% vs. 24%).
A similar pattern is evident in news about several economic sectors. In the current survey, 50% say they are hearing mostly bad news about the financial markets, down from 69% in August. Yet far more Americans view news about the financial markets negatively now than did so at the start of the year.
The percentage saying they were hearing mostly bad news about the job situation reached 74% in August, as high a level as recorded by Pew Research surveys. In the current survey, 64% say they are hearing mostly bad news about jobs, which is 10 points lower than in August but still much higher than in the spring (43% in early April).
The public’s perceptions of news about gas prices have shown marked improvement since early 2011. Currently, 47% say the news about gas prices is mostly bad, while nearly as many (45%) say the news is either mixed (36%) or mostly good (9%). In March, 90% said the news about gas prices was mostly bad and 84% expressed this view in May.
There continue to be partisan differences in views of the tone of overall economic news. Currently, 59% of Republicans say news about the economy is mostly bad, compared with 46% of Democrats and 45% of independents.
However, the decline in negative perceptions has come across partisan lines: In August, 71% of Republicans, 69% of independents and 62% of Democrats said the news they were hearing about the economy was mostly bad.
News Interest and Coverage
News about the arrest of a former assistant coach at Penn State on sex abuse charges — and its many ramifications – is the week’s top story both in public interest and in news coverage.
Nearly a third (32%) cite the Penn State scandal as their most closely followed story. This story accounted for 17% of coverage last week, according to a separate analysis by the Pew Research Center’s Project for Excellence in Journalism (PEJ).
The 2012 presidential campaign accounted for a total of 24% of all news coverage. About half of that (13% of total coverage) focused on allegations that Herman Cain sexually harassed several women in the late 1990s when he was president of the National Restaurant Association.
While the economy continues to attract broad public interest (18% cite this as their top story), coverage of the domestic economy accounted for just 5% of coverage. That does not include coverage of the congressional “super committee” working to come up with a deficit reduction plan (2% of coverage) or coverage of the continuing anti-Wall Street protests (1%).
Nearly Half Say Cain Accusations Have Been Overcovered
Nearly half of the public (46%) say news organizations have given too much coverage to the sexual harassment allegations against Cain. Fewer (33%) say this story has received the right amount of attention and just 13% say it has received too little.
Perceptions of coverage of the Penn State scandal are more mixed: 41% say the story received too much coverage, while 40% say it received the right amount. Just 12% say it received too little.
By contrast, about half (51%) say the congressional “super committee” – now negotiating behind closed doors to find ways to significantly reduce government spending and federal deficit – has gotten too little attention.
Though a plurality views coverage of anti-Wall Street protests around the country as about right (37%), about a quarter (26%) say the protests are getting too little coverage. About three-in-ten (29%) say the protests have received too much coverage.
Far more Republicans (57%) than Democrats (39%) say that coverage of the Cain allegations has been excessive; 48% of independents share this view. Just a quarter of Republicans say that Cain has received the right amount of coverage (27%), compared with 40% of Democrats who say this. In June, majorities of Republicans (57%), Democrats (68%) and independents (66%) agreed that coverage of the scandal involving former Democratic Rep. Anthony Weiner received too much coverage.
Perry Memory Lapse Widely Known
Two-thirds of the public (66%) heard at least a little about Rick Perry’s memory lapse at a Republican presidential candidate debate last week; 36% say they heard a lot and 30% say they heard a little about this. Another third (33%) say they heard nothing at all.
Partisans are about equally likely to say they heard at least a little about Perry’s prolonged effort to recall which government agencies he would eliminate if elected. One week earlier, three-quarters of the public (75%) had heard either a lot (51%) or a little (24%) about the sexual harassment allegations made against Cain.
The public heard less about last week’s off-year elections and ballot initiatives, some of which were seen as indicators of voter sentiment heading into 2012. Just 14% say they heard a lot about the elections, while 39% say they heard a little. Nearly half (46%) say they heard nothing at all about this news. Partisans are about equally likely to have heard at least a little about last week’s elections.
Many also had not heard about news that broke late in the week about the mishandling of the remains of U.S. service members killed in Iraq and Afghanistan. About two-in-ten (21%) say they heard a lot about reports that the mortuary at Dover Air Force Base had dumped cremated body parts in a landfill. About four-in-ten (39%) say they heard a little about this, while 40% say they heard nothing at all.
The Week’s News
With elements of the story continuing to unfold all week, the sexual abuse scandal at Penn State University was the top story for 32% of the public, much higher than the second ranking story, the economy, at 18%. About a third (34%) say they very closely followed the Penn State news. Men and women are about equally likely to say they followed this news very closely and that it was their top story of the week.
About four-in-ten (39%) say they followed news about the condition of the U.S. economy very closely, a level of interest comparable to recent weeks.
About a quarter (24%) say they followed news about the allegations against Cain very closely; 12% say this was the news they followed most closely. Partisans are about equally likely to say they followed this news very closely (28% of Republicans, 27% of Democrats and 21% of independents). That holds true for men and women as well (26% and 22%, respectively).
Fewer (16%) say they followed the continuing anti-Wall Street protests very closely; 6% say this was their top story. The Occupy Wall Street protests accounted for only 1% of coverage last week, dropping from 5% the previous week.
The European debt crisis accounted for 11% of coverage amid efforts to help both Italy and Greece. Developments included a promise by Italian Prime Minister Silvio Berlusconi to resign once the nation’s legislature enacted austerity measures. Public attention, though, was modest: 15% say they followed this news very closely and 6% say this was the news they followed most closely.
There was also modest interest in the work of the “super committee” on Capitol Hill which is trying to negotiate a deficit reduction deal ahead of a Nov. 23 deadline. About two-in-ten (19%) say they followed this news very closely; 4% say this was their top story. Partisans are equally likely to say they followed news about the negotiations very closely. With the negotiations taking place largely behind closed doors, news about the super committee has been limited as well. The story accounted for just 2% of coverage last week, according to PEJ.
These findings are based on the most recent installment of the weekly News Interest Index, an ongoing project of the Pew Research Center for the People & the Press. The index, building on the Center’s longstanding research into public attentiveness to major news stories, examines news interest as it relates to the news media’s coverage. The weekly survey is conducted in conjunction with The Project for Excellence in Journalism’s News Coverage Index, which monitors the news reported by major newspaper, television, radio and online news outlets on an ongoing basis. In the most recent week, data relating to news coverage were collected Nov. 7-13, and survey data measuring public interest in the top news stories of the week were collected Nov. 10-13 from a nationally representative sample of 1,000 adults.