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Economy / Tennessee #280464

CBS Evening News for Friday, Oct 15, 1982
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(Studio) Wholesale price inflation (sic) reported now at rate of 3.1 percent; if rate holds for year, said lowest since 1970. Fall in these prices last mo. noted. Food, energy prices remarked.
REPORTER: Dan Rather

(Gallatin, Tennessee) Cuts in auto prices to dealers for 1982 models largely credited for wholesale price decline. Discouraging aspect said decline of ind. output. Econ. called still deep in recession. Unemp. in Middle Tennessee discussed. Today's figs. said indicating no turnaround. New wave of hard-times music noted in country performances. Leon Reese song noted. Layoff at General Electric Company plant in Murfreesboro, Tennessee, reported TRW situation in Lebanon, Tennessee, cited, along with D.A.B. Industries situation in Gallatin, Tennessee. [D.A.B. Inds. Ed ALLEN - sees no recovery.] [Bill MASSEY, Don DURHAM, - speak of unemp.] Country group sings about being laid off.
REPORTER: Ray Brady

Reporter(s):
Brady, Ray;
Rather, Dan
Duration:
00:03:00

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