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Economy #496830

NBC Evening News for Tuesday, Nov 28, 1978
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(Studio) Incr. in cost of living since October noted; prices reported to have doubled since 1967.
REPORTER: John Chancellor

(DC) Details given about consumer price index and cost increases in various items since 1967. Admin. officials' contention that President Carter's anti-inflation program will force inflation rate down next year reported Skepticism of some econs. noted.
REPORTER: Irving R. Levine

(Studio) United States Chamber of Commerce study of costs of living in several cities in country reported to have found Springfield, Missouri, cheapest.
REPORTER: David Brinkley

(Springfield, Missouri) Details given about cost of living in Springfield. Chamber study lack of consideration that wages of residents are also lower here noted. Ray Harper's salary cut when he moved family from Saint Louis reported [HARPER - says big money to be made in city more than makes up for small savings in smaller community.] [PEOPLE - state disagreement with Chamber findings.]
REPORTER: Jim Cummins

(Studio) United States government plans to borrow over $1 million worth of German marks and use them to buy United States dollars overseas, in order to reduce number of dollars on for. mkts. reported.
REPORTER: David Brinkley

(Studio) Remarks of President Carter's inflation chief Alfred Kahn to National Press Club, with regard to Arab oil prods. and about use of word depression, reported.
REPORTER: John Chancellor

Reporter(s):
Brinkley, David;
Chancellor, John;
Cummins, Jim;
Levine, Irving R.
Duration:
00:05:00

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