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Economy / GNP, Trade Deficit #293907

CBS Evening News for Friday, Oct 19, 1984
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(Studio) Third quarter gross national product detailed on screen, discussed.
REPORTER: Dan Rather

(Truman, Arkansas) Incr. United States trade deficit since 1981 examined; details graphed on screen. [Econ. Fred BERGSTEN - explains relationship between trade deficit and GNP.] Decline in United States piano exports by companies such as Baldwin due to lower prices of competing foreign mfrs. cited as example; similar situation in United States agriculture, high tech, autos noted. [Commerce Secretary Malcolm BALDRIGE - expects situation to improve for US.]

Brady, Ray;
Rather, Dan

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