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(Studio) Govt. reported revising consumer price index, principle means of measuring inflation.
REPORTER: Frank Reynolds
(DC) Criticism of CPI's analysis of various commodities, include hsing. costs, explained. [Bureau of Labor Statistics spokesperson Dr. Janet NORWOOD - announces revision.] Details of CPI prior to change and revisions outlined on screen, explained. Importance of CPI figs. noted.
REPORTER: Susan King
(DC) Implications of revised CPI for various soc. programs examined in detail. AFL-CIO president Lane Kirkland's criticism of revision quoted on screen; historical criticism of CPI recalled.
REPORTER: Brit Hume
- Hume, Brit;
- King, Susan;
- Reynolds, Frank
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