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Economy #259360

CBS Evening News for Tuesday, Aug 29, 1978
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(Studio) Consumer price figs. for July noted.
REPORTER: Roger Mudd

(Chicago, Illinois) Details about decrease in food prices given. [Price analyst Glenn ANDERSEN - comments on decrease in beef prices.] Cattlemen's liquidation of herds and what this means for consumers noted. [Price analyst John KELLY - says that hamburger has been in surplus in last few years because of herd liquidations, but prices will rise once liquidations are over.] Other details about food prices and outlook given.
REPORTER: Don Webster

(Studio) July trade deficit reported Address to govs. conference in Boston by President Carter's economy adviser Robert Strauss noted.
REPORTER: Roger Mudd

(Boston, Massachusetts) Report on Strauss' comments on economy situation to govs. [STRAUSS - says inflation will peak this year; discusses outlook for drop in inflation rate. Is like economy predictors in Congress, can say economy situation is many things in different perspectives. Says less government-mandated things needed, not more. Discusses incring. productivity and energy program now before Congress]
REPORTER: Morton Dean

(Studio) Dollar values on Tokyo and European money mkts. reported Values against German mark, Swiss franc, French franc and British pound mentioned.
REPORTER: Roger Mudd

Reporter(s):
Dean, Morton;
Mudd, Roger;
Webster, Don
Duration:
00:04:30

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