CBS Evening News for Friday, Jan 15, 1988
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(Studio: Dan Rather ) For. trade deficit discussed. Stk. Mkt. Report Report introduced.
(Peoria, Illinois: Ray Brady) United States dollar reported rising; scenes shown from NYC stk. exchange. Trade deficit illustration [President REAGAN - praises economy] [British economy Robin HUBBARD - urges caution.] Caterpillar, Incorporated featured. [Caterpillar, Incorporated president Peter DONIS - tells how many new empls. he has hired.] [New employment Dan METROFF - thinks he'll stay with company until retirement.] United States companies noted selling more abroad. [DONIS - says United States industry more competitive.] Rust Belt's economy difficulties reviewed. [Newly rehired Tom LANFORD - says won't buy anything on credit.] [Loretta LANFORD - fears husband will be laid off again.] Trade figure's impact upon US companies noted.
(Studio: Dan Rather ) Labor Department reported announcing 1987 wholesale prices. Federal Reserve Bd. reported announcing industry output figs.
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