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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.

(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

Brady, Ray;
Cronkite, Walter

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