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Car Sales / Economy Recovery / Greenspan #34988

ABC Evening News for Tuesday, Nov 25, 1975
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(Studio) Car sales from November 10-20 33% higher than 1974. Last year's car sales very bad.
REPORTER: Harry Reasoner

(Studio) Sales still 13% behind 1973 car sales. 1st National City Bank econs. think sales could fall lower.
REPORTER: Dan Cordtz

(No location given) Retail and whsle. prices rising faster. Ind. production, business inventories and real earnings rising more slowly. Unemployment up again. Econ. indicators and consumer confidence down again. [Chairperson Council of Econ. Advisers Alan GREENSPAN - says number of analysts will always say recovery running out of steam. Rarely the case this early in recovery.]
REPORTER: Dan Cordtz

(Studio) Greenspan predicts economy to continue its growth. Recovery slower.
REPORTER: Dan Cordtz

Reporter(s):
Cordtz, Dan;
Reasoner, Harry
Duration:
00:02:10

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