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Economy / Gross National Product / Unemployment #291727

CBS Evening News for Thursday, Jul 21, 1983
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(Studio) Gross national product for last quarter reported
REPORTER: Dan Rather

(Atlanta, Georgia) Impact of consumer spending on gross national product and activity of specific categories examined. [Mall manager Jeff WElL - notes consumer optimism.] Related statistics outlined on screen, discussed. [WOMAN - comments.] [Cadillac dealer Bill SEROYER - notes customers' lack of complaints about economy] [Mary RICHARDSON - paid cash for new Cadillac.]
REPORTER: Bruce Hall

(Studio) President Reagan's praise of Commerce Department's report outlined.
REPORTER: Dan Rather

(DC) Statistics used by Reagan to back up his claim that unemployment is improving said in error; details examined. [REAGAN - asserts that majority of unemployed have been so for only short period of time.] Bureau of Labor Statistics' different analysis of situation outlined on screen, discussed.

Brady, Ray;
Hall, Bruce;
Rather, Dan

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