Revisionist Pittsburgh Nabobism

Is Forensic economic blogging a term?  Points all around for some clever forensic economics by Jim Russell and friends.

You will want to read this if you read the PG story covering a recent Brookings report:  Region Did Better in Recession than Recovery.

I won’t steal Jim’s thunder, but read his blog post for the longer version: Government Jobs Recovery Update.  The Brookings report had some slight adjustments that impacted the whole tenor of its analysis of Pittsburgh, and unfortunately the unduly negative local coverage of their report.  I’ll go back to my own post last week, the nabobism locally in economic reporting is just getting too much to pass off. Granted it probably reflects a lot of local popular sentiment, but still.

Points for Brookings for catching and fixing their error.  Points for Jim and his commenters for catching it.  Of course, the public consciousness only gives reports like this a passing notice so the negative headline will be all that is remembered…  for the time being.

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