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Economy / Costs / Prime Rates #35374

ABC Evening News for Friday, Dec 19, 1975
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(Studio) Cost of living up .7% in November Consumer costs up 8.4% annual rate.
REPORTER: Harry Reasoner

(Studio) Mortgage interest rates and property taxes up last month Cost of natural gas up.
REPORTER: Dan Cordtz

(No location given) Car prices and insurance up. Some gasoline prices down but decrease doesn't make up for higher auto costs. Some food and clothing prices up. Chart shows `75 inflation rate.
REPORTER: Dan Cordtz

(Studio) Consumer confidence low.
REPORTER: Dan Cordtz

(Studio) 1st National City Bank of New York raises prime lending rate to 7.25%.
REPORTER: Harry Reasoner

Cordtz, Dan;
Reasoner, Harry

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