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Economy / Consumer Spending / Recession #707236

CBS Evening News for Saturday, Aug 03, 2002
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(Studio: Thalia Assuras) Statement from Treasury Secretary Paul O'Neill about the state of the economy noted.

(New York: Paul Moniz) The importance of consumer spending in preventing a "double-dip" recession featured; scenes shown from the Paramus, New Jersey, mall; statistics cited on unemployment. [Two SHOPPERS - comment.] [National Retail Federation Rick GALLAGHER†, John Hancock Financial Services Bill CHENEY†- assess apparel spending & confident shopping.]

Assuras, Thalia;
Moniz, Paul

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