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Economy: Christmas Shopping #313643

CBS Evening News for Friday, Nov 27, 1987
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(Studio: Bob Schieffer) Report introduced.

(NYC: Ray Brady) Scenes shown of Christmas shoppers across US; details given of retailers' fears regarding expenditures. [Retailer Mark SHULMAN - says consumers are anxious and will withhold spending.] [WOMAN - says purchases are smaller after the stock market crash.] [MAN - says love can be shown in other ways.] Christmas shopping's impact on economy discussed; scenes shown. Expensive items reported not selling well. [Car dealer Bob BREST - says consumer spendingis more conservative.] Brest's sales tactics discussed; scenes shown. Av. American family's spending noted this Christmas. [Consumer analyst Fabian LINDEN - says if stock market had remained stable, spending would have increase over last year] [SHULMAN - says stores will panic and run sales.] After-Christmas sales reported expected to benefit consumers.

(Studio: Bob Schieffer, Ray Brady) Consumer spending behavior discussed.

Brady, Ray;
Schieffer, Bob

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