Coverage of the economy has dominated the news lately and it seems the reports could be doing more harm than good.

Negative headlines about companies "bleeding" workers and stocks "diving" for the worst can increase fear during a time of recession.

In response, many consumers save money and put their assets aside when, in reality, the economy needs their spending and other activity for stimulus.

CBN News spoke with financial consultant Maureen Flanagan about media coverage of the economy and how it has impacted Americans.

Click play for her comments.