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(Studio) Commerce Department release of gross national product figs. for 1st quarter this year given; last quarter of 1978 compared.
REPORTER: Walter Cronkite
(DC) gross national product for all of last year compared to growth rate of 1st quarter of `79; graph shown. Carter administration response to slower growth stated. Commerce Secretary Juanita Kreps quoted. [KREPS - comments on growth rate.] [Fed. Reserve Bd. G. William MILLER - comments on recession.] Incr. in inflation noted; Commerce Department figs. given. Consumer Price Index anticipated.
REPORTER: George Herman
- Cronkite, Walter;
- Herman, George
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