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Economy: European Response / Retail Sales #553979

NBC Evening News for Thursday, Nov 05, 1987
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(Studio: Tom Brokaw) Report introduced.

(New York City: Mike Jensen) Record lows for United States dollar reported; details given, scenes shown. Int. rates being lowered noted. [W. Germany financial minister Gerhard STOLTENBERG - says cooperation is essential.] Concern in London, England, mentioned. [British prime minister Margaret THATCHER - says United States needs to reduce budget.] Treasury Secretary James Baker quoted. Impact on United States economy discussed. [American TOURIST - says she will not spend as much in London.] [MAN - says he cannot buy as much at Harrod's.] For. products to suffer price increase noted.

(Studio: Tom Brokaw) Retailers' figs. said indicate that spending for holidays will not suffer as result of market behavior and falling dollar.

Reporter(s):
Brokaw, Tom;
Jensen, Mike
Duration:
00:03:20

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