Fear of fiscal cliff is decreasing

During the second half of this year the focus on fiscal cliff in the context of US Economy has become increasingly popular.

The first chart below shows the trend of the public debate on fiscal cliff since July 2012. All the participants to debate have an equal weight on the topic of US Economy. This means that national media, influential economists and personal blogs have all an equally important voice in the debate.

Unsurprisingly, the focus on fiscal cliff has sharply increased (more than 20%) around the US Election date. After peaking during the week 12-19 November, the public’s interest in the fiscal cliff has slowly started to drop once there were hopes of US budget deal.

Onalytica-PngChart-Current_Analysis-2012-12-13-14-08-12

In the second chart we have weighted each participant in the debate according to their Onalytica Influence on the topic of US Economy. The trend of the focus on fiscal cliff looks similar to the previous chart but it’s not identical.

The jump in attention that the fiscal cliff receives during the US election week is not as dramatic as before. Moreover, the influential public debate on fiscal cliff peaks about one week later than the general debate.

Onalytica-PngChart-Current_Analysis-2012-12-13-14-08-25