US GDP (1998 dollars): $1,125.40 billion
Federal spending: $210.17 billion
Federal debt: $408.2 billion
Median Household Income
(current dollars): $9,028
Consumer Price Index: 40.5
Cost of a first-class stamp: $0.06 ($0.08 as of 5/16/71)
All in the Family debuts on CBS and introduces a trend in socially conscious programming.
Jim Morrison dies in Paris at age 27. (July 3).
The Allman Brothers' Duane Allman dies in a motorcycle accident at age 24. (Oct. 29).
The Kennedy Center for the Performing Arts opens in Washington, D.C. with the premiere of Leonard Bernstein's Mass.
A Clockwork Orange, The French Connection, The Last Picture Show, Fiddler on the Roof, McCabe & Mrs. Miller
E.M. Forster, Maurice
John Hawkes, Blood Oranges
Frank O'Hara, The Collected Poems
Bernard Malamud, The Tenants
Cynthia Ozick, The Pagan Rabbi and Other Stories
Wallace Stegner, Angle of Repose