November 28, 2015

AP’s Rugaber Hides the Overall Decline in Thanksgiving and Black Friday Sales

Filed under: Economy,MSM Biz/Other Bias,MSM Biz/Other Ignorance — Tom @ 6:30 pm

The truth about this year’s Thanksgiving and Black Friday store and online sales is out there. It’s just that Christopher Rugaber at the Associated Press, aka the Administration’s Press, wasn’t interested in clearly revealing all of it.

Instead, the AP economics writer told readers about the dollar amount of this year’s and last year’s Thursday and Friday store sales, but failed to quantify the increase in online sales. People who don’t follow the economy closely likely don’t know that an increase in online sales is quite unlikely to offset a decrease in brick-and-mortar store sales. The way Rugaber wrote up his piece ensured that news of the economy’s continued malaise will remain elusive for low-information news consumers and, ultimately, low-information voters.


AP’s Boak Says New-Home Sales ‘Recovered’ In October; No They Didn’t

On Wednesday, the Associated Press’s Josh Boak added to the wire service’s collection of weak “Getaway Day” business journalism by declaring that new-home sales “recovered in October.”

No they didn’t. The seasonally adjusted annual rate of 495,000 units reported by the Census Bureau was the fourth-lowest monthly level seen this year, even well below the 521,000 and 545,000 reported in the supposedly unprecedentedly awful winter months of January and February, respectively. Boak also claimed that “Americans recovered much of their appetite for owning new homes this year,” even though current levels are at best about 70 percent of what one would expect in a pre-”new normal” healthy market.


Saturday Off-Topic (Moderated) Open Thread (112815)

Filed under: Lucid Links — Tom @ 6:05 am

This open thread is meant for commenters to post on items either briefly noted below (if any) or otherwise not covered at this blog. Rules are here.

Positivity: Kernersville businessman, church use 3-D technology to tell Christmas story

Filed under: Positivity — Tom @ 6:00 am

From Kernersville, North Carolina:

Posted: Sunday, November 22, 2015 12:10 am

More than 2,000 years ago, in the little town of Bethlehem, a baby was born — the one who would be called Jesus Christ.

This year, at a church in Kernersville, the Nativity story will come to life in a new way.

Local businessman Bobby Davis has created and produced The Christmas Experience, which uses 3-D projection technology to immerse people in the story of Christ’s birth.

First Christian Church Ministries in Kernersville will play host to the outdoor walk-through event, which runs from Friday through Dec. 22.

Guests will visit five custom sound stages and sets to watch each part of the story. Recorded actors will be projected onto the stages like holograms.

Two years ago, Davis approached his pastor of First Christian, the Rev. Pete Kunkle, with the bold idea. Now the vision will be a reality.

“We want to tell the Christmas story in a new and innovative way, and Bobby made that possible,” Kunkle said.

The project, which features an original script and music, has been a major undertaking. Davis wrote the script and searched for experienced singers and actors, who recorded music in a studio and were filmed over the summer. Davis and his team have been editing video and marketing the project while crews built the final sets.

“It’s definitely a brand new Christmas experience,” Davis said.

Sharing the story

The production will be like a walk-through movie or a theme-park experience, Davis said.
Davis’ company, Core Techs, is financing most of the project and will probably spend somewhere around $300,000.

He is partnering with First Christian Church Ministries. Five temporary structures with sound stages now stand on what used to be First Christian’s softball field.

So why invest all of this time and money in the project?

“We believe in the story,” Davis said. …

Go here for the rest of the story.