Americans Feel Disconnected from Growing Economy, Coining 'Boomcession'

The term 'boomcession' is being used to describe the paradox of Americans feeling left behind despite a growing economy, highlighting a disconnect between economic indicators and public sentiment.

18 Feb, 13:05 — 18 Feb, 14:21

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Why this matters

This story is significant because it highlights a crucial disconnect between official economic indicators and the lived experience of many Americans. This sentiment, encapsulated by 'Boomcession,' can influence consumer confidence, political discourse, and policy decisions, indicating that economic growth alone may not be sufficient to ensure widespread well-being or public satisfaction.

The Story

What 2 sources agree on, dispute, and miss

What sources agree on

The U.S. economy is currently experiencing growth.
Americans feel disconnected or 'left behind' despite the growing economy.
The term 'Boomcession' is used to describe this economic sentiment.

Key claims2 agreed · 3 unverified

✓

The U.S. economy is growing surprisingly fast.

agreed·marketwatchcnbc

✓

Americans feel disconnected from the growing economy.

agreed·cnbcmarketwatch

Business investment is emerging from a 2-year slump.

unverified·marketwatch

An artificial-intelligence boom is spreading.

unverified·marketwatch

The 'boomcession' is a combination of the words 'boom' and 'recession'.

unverified·cnbc

Where they diverge

The primary focus for explaining the current economic situation

cnbc

Focuses on the public's sentiment of feeling left behind and defining the 'boomcession' concept.

marketwatch

Focuses on the specific drivers behind the surprising economic growth, such as business investment and the AI boom.

Coverage gaps

Specific drivers of economic growth, including business investment and the artificial intelligence boom

Reportedmarketwatch

Missingcnbc

The Story

Analyzing sources…

Source Diversity

Moderate (27/100)

2 sources— more sources would strengthen this score15/33

Spectrum spread— 2/5 buckets covered8/33

Far L

Left1

Left (1)

cnbc

Center1

Center (1)

marketwatch

Right

Far R

Geographic diversity— 1 region4/34

US2

ℹAll sources from US region

ℹOnly 2 sources cover this story

Political spectrum

LeftCenterRight

cnbc

marketwatch

Outlet rating This story

SourceOutletiGeneral editorial lean of the outletStoryiHow they covered this specific storyToneFactuality

cnbccentercenter-leftanalyticalMostly Factualfocuses on public sentiment and economic inequality

marketwatchcentercenteranalyticalMostly Factualfocuses on business drivers of economic growth

Coverage leans: balanced

The coverage presents a balanced view, with one outlet focusing on public sentiment and the other on economic drivers, without a clear political agenda.

Sources

Showing 2 of 2 sources

cnbcMostly Factual190d ago

The 'boomcession': Why Americans feel left behind by a growing economy

A combination of the words "boom" and "recession" can help explain why Americans feel so sour about a growing economy.

Read full article →

marketwatchMostly Factual189d ago

The U.S. economy is growing surprisingly fast — and here’s the surprising reason why

Business investment emerges from 2-year slump as artificial-intelligence boom spreads

By Jeffry Bartash

Read full article →

Coverage Timeline

First report: cnbc · 18 Feb, 13:05|Full coverage: 2 · 1h|Window: 1h

Left-leaningCenterRight-leaning

cnbc18 Feb, 13:05First to report

The 'boomcession': Why Americans feel left behind by a growing economy

1h later

marketwatch18 Feb, 14:21Latest update

PERSPECTA

PERSPECTA

Americans Feel Disconnected from Growing Economy, Coining 'Boomcession'

Why this matters

The Story

What sources agree on

Key claims2 agreed · 3 unverified

Where they diverge

Coverage gaps

The Story

Source Diversity

Source Diversity

Political spectrum

Sources

The 'boomcession': Why Americans feel left behind by a growing economy

The U.S. economy is growing surprisingly fast — and here’s the surprising reason why

Coverage Timeline

The 'boomcession': Why Americans feel left behind by a growing economy

The U.S. economy is growing surprisingly fast — and here’s the surprising reason why

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PERSPECTA

Why this matters

Political spectrum

The Story

What sources agree on

Key claims2 agreed · 3 unverified

Where they diverge

Coverage gaps

Coverage matrix