The year was 1986
Ronald Reagan, President
Average Cost of a new house $89,430
Average Income per year $22,400
Gallon of Gas $.89
Average Cost of a new car $9,255.00
Interest rates year end Federal Reserve 7.5%
Year end close Dow Jones Industrial Average 1895
Summer Olympics are held in Los Angeles
Tandy 600 Portable Computer $1599.00
Space Shuttle Challenger Explodes on take-off, killing all crew
U.S bombs Libya in Protest of Libyan sponsership of terrorist bombing in Berlin
U.S and U.S.S.R. arms talks between Reagan and Gorbachev
Nuclear Reactor Explodes at Chernobyl
Approximately 7 million Americans join hands in "Hands Across America"
Swedish Prime Minister murdered
Mike Tyson becomes the youngest Heavyweight Champion in history
Iran-Contra Affair
Penn State Football wins National Championship
IBM introduces the first PC convertible laptop computer
British Surgeons preform 1st triple transplant (Heart, Lung and Liver)