CBS Evening News for Friday, May 20, 1988
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(Studio: Dan Rather) Gasoline and grocery costs noted rising. Clothing prices noted drastically increase Report introduced.
(NYC: Ray Brady) Cost of clothing discussed. [WOMAN - says won't buy clothes that cost so much.] [Liz Claiborne sportswear spokesperson Jay MARGOLIS - comments on costs.] Consumer price index figs. illustration [Retail analyst Monroe GREENSTEIN - comments on price increases] Dollar's decline noted making imported clothing more expensive in US. [Perry Ellis designer Patricia PASTOR - comments on increase prices.] Stores noted selling more high-priced lines so profits will be bigger. Av. working woman note spending 1700 per year on clothes. [WOMAN - says tries to find bargains.] [MAN - comments on buying suits.] Hemlines and prices noted rising for fall season.
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