ABC Evening News for Friday, May 13, 1983
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(Studio) Report introduced
REPORTER: Max Robinson
(NYC) Dis-inflation's impact on hsing. market, agriculture, mining and construction inds. examined; Jeff Lehrer's case cited as example Details given. [LEHRER - recalls hsing. market at time of own purchase and implications for future sale price.] Rory Coyt's farming experience as inflation declined explained. [COYT - had hoped for profit.] Necessity of Coyt forsaking independent farming due to drop in inflation noted. Phelps Dodge mining and smelting company's loss under dis-inflation described. [Company chairperson George MUNROE - outlines efforts to salvage co.] Dis-inflation's impact on construction contractors explained. [Econ. Gary SHILLING - notes impact on steel and auto inds.]
REPORTER: Dan Cordtz