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Economy: Recession, Interest Rates, Auto Industry, Stock Market #134544

ABC Evening News for Wednesday, May 01, 1991
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(Studio: Peter Jennings) Major banks noted lowering their prime rate while index of economic indicators figures were up.

(Washington: Stephen Aug) Economic indicators and the recession evaluated. [Business cycle analyst Geoffrey MOORE - talks about economic recovery.] Business and consumer debt figures cited. [National Association of Manufacturers Jerry JASINOWSKI - analyzes debt.]

(Studio: Peter Jennings) Report introduced.

(Chicago: Chris Bury) Lowering of interest rates evaluated. ["Bank Rate Monitor" publisher Robert HEADY - talks about gap between savings and lending rates.] [First Chicago vice president Kimball STOKES, banking consultant Lowell BRYAN - comment.]

(Studio: Peter Jennings) Construction spending figures and Chrysler's quarterly losses cited; Chrysler chairman Lee Iacocca quoted. "Stock Market Report".

Aug, Stephen;
Bury, Chris;
Jennings, Peter

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