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U.S. STATISTICS
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President: Ronald W. Reagan
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Vice President: George Bush
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Population: 235,824,902
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Life expectancy: 74.7 years
The following is in 1998 dollars:
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US GDP (1998 dollars): $3,902.40 billion
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Federal spending: $851.85 billion
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Federal debt $1564.7 billion
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Interest Rates Year End ~ Federal Reserve - 10.75%
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Year End Close Dow Jones Industrial Average - 1211
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Yearly Inflation Rate - 4.3 %
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Consumer Price Index: $103.9
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Unemployment: 7.5%
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Cost of a first-class stamp: $0.20
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Median Household Income: $22,415
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Average Cost of new house - $86,730
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Median Price of Existing Home - $72,400
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Average Monthly Rent - $350.00
COST OF LIVING
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Movie Ticket - $2.50
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1 gallon of gas - $1.10
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Dodge RAM 50 Truck - $8,995.00
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Chrysler New Yorker - $13,045
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Chevrolet Corvette- $23,392
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Apples/lb - 43 cents
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Bacon/lb - $1.69
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IMPORTANT EVENTS​​
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Jan 24 Apple Computer Inc unveils its revolutionary Macintosh personal computer
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Feb 29 Pierre Trudeau announces he is stepping down after 15 years as Canadian Prime Minister
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Apr 23 AIDS-virus identified as HTLV-III (acquired immune deficiency syndrome)
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Jun 5 Indira Gandhi orders an attack on Sikh's holiest site, the Golden Temple
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Dec 3 Bhopal disaster: Union Carbide pesticide plant leak 45 tons of methyl isocyanate and other toxic compounds in Bhopal, India, kills
2,259 (official figure) - other estimates as high as 16,000 (including later deaths) and over half a million injured
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Dec 19 Chinese Premier Zhao Ziyang and British Prime Minister Margaret Thatcher sign the Sino-British Joint Declaration to transfer Hong Kong back to China in 1997
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MUSIC
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Feb 28 26th Grammy Awards: Michael Jackson wins 8 Grammys
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Jun 4 "Born in the USA" 7th studio album by Bruce Springsteen is released
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Jun 8 "Ghostbusters", American supernatural comedy film, directed and produced by Ivan Reitman, starring Bill Murrary and Dan Aykroyd is released
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Jun 25 Prince releases his "Purple Rain" album
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FILM & TV
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Jan 4 "Night Court" starring Harry Anderson premieres on NBC TV
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Jan 17 Supreme Court rules (5-4) that private use of home VCRs to tape TV programs for later viewing does not violate federal copyright laws
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Jun 8 "Ghostbusters", American supernatural comedy film, directed and produced by Ivan Reitman, starring Bill Murrary and Dan Aykroyd is released
​TOP 20 MOVIES​-
Ghostbusters
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Indiana Jones and the Temple of Doom
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The Karate Kid
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The Terminator
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Sixteen Candles
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This is Spinal Tap
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Gremlins
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Beverly Hills Cop
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Revenge of the Nerds
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The Natural
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Red Dawn
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Amadeus
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Police Academy
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Splash
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The NeverEnding Story
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The Killing Fields
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Footloose
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Nightmare of Elm Street
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Conan the Destroyer
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Children of the Corn
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ENTERTAINMENT AWARDS
Pulitzer Prizes
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Fiction: Ironweed, William Kennedy
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Music: Canti del Sole, Bernard Rands
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Drama: Glengarry Glen Ross, David Mamet
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Academy Award, Best Picture: Terms of Endearment, James L. Brooks, producer (Paramount)
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Nobel Prize for Literature: Jaroslav Seifert (Czechoslovakia)
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Record of the Year: "Beat It," Michael Jackson
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Album of the Year: Thriller, Michael Jackson (Epic/CBS)
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Song of the Year: "Every Breath You Take," Sting, songwriter
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Miss America: Vanessa Williams (NY) / Suzette Charles (NJ)
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SPORTS
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Super Bowl - LA Raiders d. Washington
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World Series - Detroit d. San Diego
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NBA Championship - Boston d. LA Lakers
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Stanley Cup - Edmonton d. NY Islanders
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Wimbledon - Women: Martina Navratilova d. C. Evert Lloyd (7-6 6-2)
​Men: John McEnroe d. J. Connors (6-1 6-1 6-2) -
Kentucky Derby Champion - Swale
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NCAA Basketball Championship - Georgetown d. Houston
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NCAA Football Champions - BYU (13-0-0)
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Feb 14 Britain's Jayne Torvill and Christopher Dean famously dominate the ice dancing at the Sarajevo Winter Olympics; perform to Ravel’s Bolero in free dance routine; record 9-of-9 perfect scores for artistic impression
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Mar 21 NFL owners passed the infamous anti-celebrating rule
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Apr 5 Kareem Abdul-Jabbar breaks Wilt Chamberlain's all-time career scoring record of 31,419 points (31,421)
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May 8 The Soviet Union announces it will not participate in Los Angeles Summer Olympics in retaliation for the American boycott of the 1980 Moscow Olympics
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FAMOUS PEOPLE BORN IN 1984