Yearly Inflation Rate: 10.35%
Year End Close Dow Jones Industrial Average: 875
Interest Rates Year End Federal Reserve: 15.75%
Average Cost of new house: $78,200
Median Price Of and Existing Home: $66,400
Average Income per year: $21,050.00
Average Monthly Rent: $315.00
Cost of a gallon of Gas: $1.25
Sinclair ZX80 computer: $199.95
19 inch Color TV: $399.95
Plums: $0.39 per pound
Heinz ketchup: $0.99
Turkey: $0.55 per pound
US GDP (1998 dollars): $3,115.90 billion
Federal spending: $678.25 billion
Federal debt: $994.8 billion
Median Household Income (current dollars): $19,074
Consumer Price Index: 90.9
Cost of a first-class stamp: $0.15 ($0.18 as of 3/22/81; $0.20 as of 11/1/81)
Physics : Nicolaas Bloembergen, Arthur Leonard Schawlow, Kai Siegbahn
Chemistry : Kenichi Fukui, Roald Hoffmann
Medicine : Roger Wolcott Sperry, David H. Hubel, Torsten Wiesel
Literature : Elias Canetti
Peace : United Nations High Commissioner for Refugees
Economics : James Tobin
01/01: Greece enters the European Community, which later becomes the European Union.
01/17: Philippine President Ferdinand Marcos lifts martial law.
01/19: US and Iranian officials sign an agreement to release 52 American hostages after 14 months of captivity.
01/20: Iran releases the 52 Americans held for 444 days within minutes of Ronald Reagan succeeding Jimmy Carter as the President.
01/21: The first DeLorean DMC-12 automobile rolls off the production line in Dunmurry, Northern Ireland.
01/25: Chiang Ching ("Madame Mao") is sentenced to death in the People's Republic of China.
02/09: Polish Prime Minister Józef Pinkowski resigns and is replaced by General Wojciech Jaruzelski.
02/14: Australia withdraws recognition of the Pol Pot regime in Cambodia.
03/01: Bobby Sands, an Irish Republican Army member, begins a hunger strike for political status (he dies May 5, the first of 10 men).
03/11: Chilean military dictator Augusto Pinochet is sworn in as President of Chile for another 8-year term.
03/19: Three workers are killed and 5 injured during a test of the Space Shuttle Columbia.
03/30: President Ronald Reagan is shot in the chest outside a Washington, D.C. hotel by John Hinckley, Jr. Two police officers and Press Secretary James Brady are also wounded.
04/12: Space Shuttle Columbia with NASA astronauts John Young and Robert Crippen launches on the STS-1 mission, returning to Earth on April 14. It is the first time a manned reusable spacecraft has returned from orbit.
04/18: A Minor League Baseball game between the Rochester Red Wings and the Pawtucket Red Sox becomes the longest professional baseball game in history: 8 hours and 25 minutes/33 innings (the 33rd inning is not played until June 23).
03/05: Bobby Sands, IRA member, dies aged 27 while on hunger strike.
03/06: A jury of architects and sculptors unanimously selects Maya Lin's design for the Vietnam Veterans Memorial from 1,421 other entries.
03/13: Pope John Paul II is shot and nearly killed he enters St. Peter's Square in Vatican City.
06/05: The Centers for Disease Control and Prevention report that 5 homosexual men in Los Angeles have a rare form of pneumonia seen only in patients with weakened immune systems. It is the first recognized cases of AIDS.
06/07: The Israeli Air Force destroys Iraq's Osirak nuclear reactor.
06/13: At a ceremony in London, Marcus Sarjeant fires 6 blank shots at Queen Elizabeth II.
06/24: Six young people in Yugoslavia first saw what they believed to be an apparition of The Virgin Mary.
07/07: President Ronald Reagan nominates the first woman, Sandra Day O'Connor, to the Supreme Court.
07/17: Two skywalks filled with people at the Hyatt Regency Hotel in Kansas City collapse into a crowded atrium lobby, killing 114.
07/17: Israeli aircraft bomb Beirut destroying multi-story apartment blocks containing the offices of PLO associated groups, killing approximately 300 civilians and resulting in worldwide condemnation and a U.S. embargo on the export of aircraft to Israel.
07/21: Tohui The Panda is born in Chapultepec Zoo in Mexico City, the first panda to ever be born and survive in captivity outside of China.
07/29: Over 700 million people watch the Wedding of Charles, Prince of Wales, and Lady Diana Spencer at St Paul's Cathedral in London.
08/01: MTV (Music Television) is launched.
08/09: Major League Baseball resumes from a strike with the All-Star Game in Cleveland's Municipal Stadium.
08/12: The original Model 5150 IBM PC (with a 4.77 MHz Intel 8088 processor) is released in the United States at a base price of $1,565.
08/19: Libyan leader Muammar al-Gaddafi sends two fighter jets to intercept two U.S. fighters over the Gulf of Sidra. The American jets destroy the Libyan fighters.
08/24: Mark David Chapman is sentenced to 20 years to life in prison, after being convicted of murdering John Lennon.
08/28: South African troops invade Angola.
08/31: A bomb explodes at the U.S. Air Force base in Ramstein, West Germany, injuring 20 people.
09/17: Ric Flair defeats Dusty Rhodes to win his first World Heavyweight Wrestling Championship in Kansas City.
09/18: France abolishes capital punishment.
09/20: Simon & Garfunkel perform The Concert in Central Park, a free concert in New York.
09/25: Sandra Day O'Connor takes her seat as the first female justice of the U.S. Supreme Court.
09/25: The Rolling Stones begin their Tattoo You tour at JFK Stadium in Philadelphia.
10/06: Egyptian president Anwar Sadat is assassinated during a parade by army members who belong to the Egyptian Islamic Jihad organization; they opposed his negotiations with Israel.
10/14: Vice President Hosni Mubarak is elected President of Egypt 1 week after Anwar Sadat's assassination.
10/21: Andreas Papandreou becomes Prime Minister of Greece.
11/12: The Church of England General Synod votes to admit women to holy orders.
11/16: Luke and Laura marry on the soap opera General Hospital.
11/18: IBM introduces the IBM PC. Scientific Solutions announces the first PC add-in cards.
11/23: President Ronald Reagan signs the top secret National Security Decision Directive 17 (NSDD-17), authorizing the CIA to recruit and support Contra rebels in Nicaragua.
11/30: In Geneva, representatives from the United States and the Soviet Union begin negotiating intermediate-range nuclear weapon reductions in Europe. T(the meetings end inconclusively on Thursday, December 17.
12/11: Muhammad Ali loses to Trevor Berbick; this proved to be Ali's last-ever fight.
12/11: In El Salvador, army units kill 900 civilians.
12/13: Wojciech Jaruzelski declares martial law in Poland to prevent the dismantling of the communist system by Solidarity.
12/17: American Brigadier General James L. Dozier is kidnapped in Verona by the Italian Red Brigades.
12/28: The first American test-tube baby, Elizabeth Jordan Carr, is born.
Luxor AB Presents the ABC 800 computer.
Donkey Kong becomes the first ever Super Mario game.