1971
President: Richard Nixon
Vice President Spiro Agnew
Population of USA: 205,052,000 approx.
Life expectancy: 70.5 years
Unemployment: 3.8%
Inflation Rate: 4.3%
Dow Jones Closes Year at 890
Average Income $ 10,600.00
Minimum wage $ 1.40 Per Hour
Cost of new house $ 25,250.00
Cost of new car $ 3,579.00 (Dodge Charger)
$ 1,866.00 (Datsun coupe)
Rent on 2 bedroom Apt. $ 150.00 per month
Cost of 1st class stamp $ .08
Cost of gallon of gas $ .40 - .47
Price of a dozen eggs $ .49
Price of gallon of milk $ 1.03
Turkey $ .43 per lb.
Jiffy Peanut Butter $ .59 pint
Price of Wranger Jeans $ 10.00
Price of movie ticket $ 1.50
Cassette Recorder $ 29.99
Price of Timex watch $ 30.00 and up (Ladies Dress Watch)
TOP MOVIE $$ MAKERS of 1971
Summer of 42
Love Story
Ryans Daughter
The Owl & the Pussycat
The Aristocats (Disney)
French Connection
The Andromeda Strain
The Planet of the Apes
NEWCOMERS of 1971
ABBA
Ann Wilson Joins Heart
Blue Oyster Cult
Carly Simon
Donna Summer
Emerson, Lake & Palmer
Stevie Ray Vaughn
Meatloaf
Nazareth
The Captain & Tennille
The Eagles
Michael Jackson Goes Solo
Rick Springfield Goes Solo (leaving the band Zoot)
TOP SONGS of 1971
Imagine by John Lennon (Hit # 1 in Over 15 Countries)
My Sweet Lord by George Harrison
Maggie May by Rod Stewart
Brown Sugar by The Rolling Stones
I Beg your Pardon by Lynn Anderson