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Money and Business / Inventories #36235

ABC Evening News for Friday, Mar 14, 1975
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(Studio) Commerce Department says inventories of unsold goods declined in January by $148 million; 1st overall decline in 4 1/2 years
REPORTER: Howard K. Smith

(DC) When inventories get too high, mfrs. and merchants cut production and orders even below demand; this causes unemployment and lowers demand even more. Once inventories worked down, business has to improve. Inventories for basic materials such as steel, rubber and aluminum still going up, however, so full recovery could be slower than expected.
REPORTER: Dan Cordtz

(Studio) Industrial production falls for 5th consecutive month; drops 3% in Feb.
REPORTER: Howard K. Smith

Reporter(s):
Cordtz, Dan;
Smith, Howard K.
Duration:
00:01:30

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