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Economy: Housing, Retail #941104

NBC Evening News for Thursday, Apr 16, 2009
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(Studio: Brian Williams) Report introduced.

(Bethesda, Maryland: Diana Olick) The negative economic numbers examined; statistics on home foreclosures, housing starts, layoffs at Best Buy; details given about the bankruptcy filing by shopping mall owner General Growth Properties {GGP}. [Housing industry analyst Ivy ZELMAN†- predicts a negative impact on home prices.] [GGP president Tom NOLAN†- says some of our retailers are struggling.] [Moody’s economy.com Mark ZANDI†- comments on positive signs.] The drop in new unemployment claims noted.

Reporter(s):
Williams, Brian;
Olick, Diana
Duration:
00:02:40

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