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Economy / Wholesale Prices / Textile Ind. #282606

CBS Evening News for Friday, Mar 12, 1982
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(Studio) Wholesale price index for last month discussed.
REPORTER: Dan Rather

(NYC) Implications of index figs. examined in detail; individual categories outlined on screen. [Economist Don. RATAJCZAK - interprets index.] [Farm economist Ross KORVES - notes impact on farmers.] Possible course of ntl. economy outlined.

(Studio) Result of drop in interest rate explained.
REPORTER: Dan Rather

(Newberry, SC) Newberry Textile Mill's closing examined. [Laid-off employees Lois GRIMSLEY, Kathleen WILSON - worry about their future.] General slump in textile industry discussed. [La France Textiles spokesperson Robert CORTELYOU - acknowledges cutback in product] [American Textile Institution spokesperson Robert COLEMAN - notes impact of foreign textiles.] Short-range and long-term prognosis for industry given.

Brady, Ray;
Ford, Sam;
Rather, Dan

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