CBS Evening News - 1999-12-14
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Read a transcript preview of “CBS Evening News - 1999-12-14” from malgent, uploaded on 2025-08-20.
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Language: English (original, YouTube automatic captions)
[0:02] dramatic military jet crash. Plus,
[0:04] Michael Bolton on ET.
[0:09] More good news for the great American
[0:11] economy. New government numbers show
[0:14] consumers are spending strongly, driving
[0:17] the economy toward a record expansion.
[0:20] The Coline tapes, anger tonight over
[0:23] what's on them, and the sheriff's
[0:26] decision to let a reporter see them.
[0:29] Plus, they're only children, but good
[0:32] grief, they're about to put in their
[0:34] retirement papers.
[0:39] This is the CBS Evening News
[0:43] with Dan Rather reporting from CBS News
[0:46] headquarters in New York.
[0:48] >> Good evening. It's the big engine that
[0:50] could. The US economy just keeps going
[0:53] and growing with barely a drop of
[0:55] inflation. Take a look at the latest
[0:56] numbers from the government. Consumer
[0:58] prices in November up just a tenth of a
[1:00] percent. Inflation this year just 2.7%.
[1:04] That's slightly higher than last year,
[1:06] but still extremely low. And what's
[1:09] driving the economy among other things?
[1:11] You are retail sales in November soared
[1:14] 9/10en of 1%. CBS's Anthony Mason
[1:16] reports on America's strong economy and
[1:19] some of what fuels it.
[1:22] >> For shoppers this Christmas, it's a
[1:24] matter of simple economics. It's a
[1:26] supply demand issue. Your kids demand it
[1:28] in the store supplying it. So, you have
[1:30] to come out and get it.
[1:31] >> Call it the come and get it economy. You
[1:33] may have noticed the merry mood at your
[1:35] nearby mall.
[1:36] >> I just think it's hectic. I think
[1:37] everywhere I go, it's there's kind of a
[1:40] rush to buy.
[1:40] >> She's right. Retail sales at traditional
[1:43] stores are expected to jump 6% over last
[1:46] year. That's 180 b