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Economy: Hard Times #912846

CBS Evening News for Thursday, Jul 31, 2008
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(Studio: Katie Couric) Graph of quarterly economic growth shown. NOTE: Local weather bulletin on screen.

(New York: Jeff Glor) The troubled economy updated; figures on unemployment claims and back-to-school spending cited; Internet ads from Sears and JC Penney shown. [Consumer Paula CORLETTO‡- comments on saving money.] [Treasury Secretary Henry PAULSON†- comments on the stimulus plan.] [Standard and Poor’s economist David WYSS†- notes the problem with the stimulus checks.] [Sears’ Richard GERSTEIN†, JC Penney’s Mike BOYLSON†- comment on challenges for retailers.] NOTE: local weather bulletin interruption.

Reporter(s):
Couric, Katie;
Glor, Jeff
Duration:
00:02:10

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