|August 27, 2012
By the numbers and a few other things of interest...
My how things have changed!!!
AND THE YEAR WAS 1977
Yearly Inflation Rate 6.5%
Year End Close Dow Jones Industrial Average 831
Interest Rates Year End Federal Reserve 7.75%
Average Cost of new house $49,300.00
Average Income per year $15,000.00
Average Monthly Rent $240.00
Cost of a gallon of Gas 65 cents
Renault Gordini $6998,00
BMW 320i $7990.00
Cost of a Superbowl ad $125,000
AND A FEW OTHER INTERESTING FACTS...
Slim-Fast began selling in 1977 and, after initial hesitation by the FDA, was approved and came on strong in 1979 as a weight-loss product.
The Chia Pet® is the registered trademark belonging to Joseph Enterprises, Inc., the manufacturers and originators of the Chia Pet. The name was first used on September 8.
The e.p.t. pregnancy test was available over the counter.