Here are some fun reporter-math headlines from this morning, although this is more an example of a headline writer not understanding statistics than the reporter. Let’s just call them dueling headlines:
AP: Productivity falls in 1st quarter Reuters: Q1 non-farm productivity rose 1.0 pct
So there you have it: Productivity either fell or rose during the first quarter.
Explanation: Obviously, whoever wrote the headline for the AP story doesn’t understand the difference in a slow-down in the rate of growth vs. a fall. Also, a downward revision of earlier estimates — that still is an increase in the rate of growth — is not a fall.
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