NBC Evening News for Friday, Dec 28, 1984
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(Studio) Figs. in index of leading economy indicators given for November Commerce Department's announcement with regard to foreign trade deficit noted.
REPORTER: Garrick Utley
(DC) Econ. outlook for 1985 examined, include need for administration to address problems of interest rates, budget deficits, imports and consumer spending. [Commerce Secretary Malcolm BALDRIGE - comments on interest rates.] Dependence of int. rates on Paul Volcker and Federal Reserve Bd. noted. [Econ. Lawrence CHIMERINE - comments on deficit.] Effect of decisions by President Reagan and Congress on deficit cited. [Treasury Secretary Don REGAN - comments on imports.] Most imports noted to be from Japan. Jobs lost at Baltimore shipyard due to imports mentioned. [AFL-CIO spokesperson Henry KOELLEIN - comments.] [Econ. Alan GREENSPAN - comments on consumer spending.] Predictions by some econs. of so-called growth recession described.
REPORTER: Irving R. Levine
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