Search the Archive

Economy #291704

CBS Evening News for Wednesday, Jul 20, 1983
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

Bypassed Introduction

(NYC) Personal income and spending rates for nation last month and implications for consumer confidence discussed.
REPORTER: Dan Rather

(DC) Federal Reserve Bd. chairperson Paul Volcker said implying that interest rates will not rise. [VOLCKER - anticipates declining interest rates.] Impact on Wall Street noted; STK. MKT. REPORT [Economics Editor YARDENI - describes market response.] Probable impact of stable interest rates on housing market examined. [Harry OSOFF - is optimistic over buying home.] His fiance mentioned, shown. Impact of improved United States interest rates on foreign debts of Mexico and Brazil outlined on screen, discussed. [VOLCKER - doesn't project overnight remedy.]

(DC) Eva Luna's loss of home in 1980 due to cosigning son's loan recalled. [LUNA - recalls ordeal.] New FTC (Federal Trade Commission) regulations preventing creditors from exploiting or tricking debtors examined; details outlined on screen, discussed. [FTC chairperson James MILLER - remains concerned about new regulations' impact on those seeking loans.] Basis of critics' concern over new FTC (Federal Trade Commission) rule outlined.
REPORTER: Susan Spencer

Brady, Ray;
Rather, Dan;
Spencer, Susan

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.