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Stock Market / Economy Recovery #289716

CBS Evening News for Friday, Apr 15, 1983
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(Studio) Record Dow Jones industry average reported; STK. MKT. REPORT; economy recovery said indicated by wholesale prices for 1st quarter Details outlined on screen, discussed. [Econ. Martin FELDSTEIN - praises economy recovery.] Role of furniture stks. noted.
REPORTER: Dan Rather

(High Point, North Carolina) Implications of furniture product resurgence for nation `s recovery examined. [WORKER - is pleased.] Significance of furniture upsurge explained. [Ind. analyst Jerry EPPERSON - notes indications of consumer confidence.] [Macy's buyer Paul WISNYI -anticipates pickup in economy] [J.C. Penney buyer Ward BECHT - agrees.]
REPORTER: Wyatt Andrews

(Studio) Report introduced.
REPORTER: Dan Rather

(Erie, Pennsylvania) Implications of high technology automation for nation `-s industry future examined. [WORKER - fears job security] General Electric plant featured as illustrating dilemma. [General Electric spokesperson Duane SHULL - notes need for mechanization/automation.] GE's justification for automation outlined. [WORKER - thinks new jobs will go to computer-trained young employees. [GE employee Vincent ROSS, John CRESCENTE - acknowledge importance of academic training they received for new General Electric Company jobs.] [Union leader Bud COONEY - fears job sec. for older workers.]
REPORTER: Ray Brady

Reporter(s):
Andrews, Wyatt;
Brady, Ray;
Rather, Dan
Duration:
00:06:00

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