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Campaign `80 / Economy #267527

CBS Evening News for Friday, Oct 03, 1980
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(Studio) Wholesale prices and unemployment for September reported; political implications of figs. released today noted.
REPORTER: Walter Cronkite

(NYC) Role of unsold 1980 autos. in wholesale price figs. explained. (Economist Michael EVANS - notes price index actually rose.] Govt. response to chgs. that figs. were politically contrived outlined. [Bureau of Labor Statistics spokesperson Janet NORWOOD - comments.] Wholesale food price activity since July listed on screen; unemployment rate for women and teenagers detailed on screen. Benefit to administration of timing of today's figs. when juxtaposed against upcoming election noted.
REPORTER: Ray Brady

(Studio) Federal Reserve Bd. chairperson Paul Volcker reported agreeing with President Carter's criticism of interest rate increases; Carter's remarks yesterday recalled. Volcker quoted; Gerald Ford's assessment of Carter's attack on Federal Reserve Bd. noted.
REPORTER: Walter Cronkite

Reporter(s):
Brady, Ray;
Cronkite, Walter
Duration:
00:03:20

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