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Contact: Rossana Weitekamp, 516-792-1462, rossana@weitekamp.com Barbara Pruitt, 816-932-1288, bpruitt@kauffman.org, Kauffman Foundation
(KANSAS CITY, Mo.), Feb. 2, 2010 "“ Despite promising economic growth numbers in the last quarter of 2009, economics bloggers have a grim outlook, according to a new Ewing Marion Kauffman Foundation survey released today. Just last Friday, the U.S. Bureau of Economic Analysis released its advance report of a 5.7 percent growth rate (annualized) of gross domestic product during the fourth quarter of 2009. But even before the fourth-quarter estimate was published, 48 percent of economics bloggers said in the mid-January survey that the economy was "worse than official government statistics show." Most respondents rate the overall condition of the economy as "mixed," and 33 percent say it is still "facing recession" or "weak and recessing."
In the inaugural Kauffman Economic Outlook: A Quarterly Survey of Top Economics Bloggers, the Kauffman Foundation sent invitations to more than 200 top economics bloggers, most of whom were on the Palgrave's econolog.net December 2009 rankings. The Foundation will be surveying the bloggers about their views of the economy, entrepreneurship and innovation every quarter to provide a new gauge for the nation's fiscal health.
"As independent thinkers who are immersed in discourse through the innovation of blogging, these economics writers have a unique voice and perspective, and potentially profound influence," said Tim Kane, senior fellow at the Kauffman Foundation and author of the study. "While they individually express themselves virtually every day, we think their collective voice needs to be heard."
Research highlights include:
Ten core questions and seven topical questions were designed in coordination with a distinguished board of advisors, which includes:
Robert X. Cringley "“ I, Cringely Brad DeLong "“ Grasping Reality Laurie Harting "“ Palgrave Econolog Scott Jagow "“ Marketplace Scratch Pad Paul Kedrosky "“ Infectious Greed Lynne Kiesling "“ Knowledge Problem Donald Marron "“ DMarron.com Mark Perry "“ Carpe Diem Wade Roush "“ Xconomy.com Allison Schrager "“ FreeExchange Nick Schulz "“ Enterprise Blog Yves Smith "“ Naked Capitalism Alex Tabarrok "“ Marginal Revolution Mark Thoma "“ Economist's View
Research and Policy
Economic Recovery, Economics
Read the Kauffman Economic Outlook, First Quarter 2010 (PDF)
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