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Cost of Living Figures / Economy News #482813

NBC Evening News for Wednesday, May 21, 1975
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(Studio) Govt.'s cost of living figures for Apr. up 0.6%; economists say 1975 inflation could be less than 8%. Principal reason for Apr. price increase attributed to increase in meat prices.
REPORTER: John Chancellor

(Redwood City, California) Cost of buying and maintaining home incrd. 12% last year New home construction hasn't yet recovered from slump. [Home Builders Association Gordon BLACKLEY - thinks house prices to increase, if anything, as soon as hsing. industry picks up.] Home mortgage rates on rise again.
REPORTER: Fred Briggs

(Chicago, Illinois) Used cars 29% more expensive now than year ago; exs. of increases given. Fewer used cars available. [Used car dealer Dennis LERNER - says he can't find enough used cars for his lot.]
REPORTER: Mike Jackson

(Studio) Orders for durable goods increase more sharply in Apr. than-in any month since 1967.
REPORTER: John Chancellor

Reporter(s):
Briggs, Fred;
Chancellor, John;
Jackson, Mike
Duration:
00:03:30

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