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Cost of Living / `73 #230940

CBS Evening News for Tuesday, Jan 22, 1974
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(Studio) Govt. releases new cost of living figures.
REPORTER: Walter Cronkite

(DC) Cost of living climbs .7% for December and 8.8% for entire year Fuels and food cause significant jump in cost of living. Breakdown of consumer price index reviewed. [Econ. adviser Herbert STEIN - admits 1973 forecast faulty.] Real income for Americans drops 3% in `73.
REPORTER: Hal Walker

(Chicago, Illinois) Food prices climb each month of `73; cereals and baked good rise most. Incrd. prices affect meat, poultry, milk, fresh fruit and vegetables.
REPORTER: Richard Roth

Reporter(s):
Cronkite, Walter;
Roth, Richard;
Walker, Hal
Duration:
00:02:50

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