Cost of Living 1968
Yearly Inflation Rate USA 4.27%
Year End Dow Jones Industrial Average 943
Average Cost of new house $14,950.00
Average Income per year $7,850.00
Average Monthly Rent $130.00
Gas per Gallon 34 cents
Average Cost of a new car $2,822.00
Movie Ticket $1.50
The Federal Hourly Minimum Wage is $1.60 an hour
1968 April 4th Martin Luther King, Jr. is shot and killed by James Earl Ray
Following the Assassination of Martin Luther King Jr. President Lyndon Johnson signed the Civil Rights Act of 1968
U.S. Senator Robert F. Kennedy, also known as Bobby Kennedy or RFK, was assassinated at the age of 42 on June 5th.
Kennedy was shot three times by Sirhan Sirhan, a Palestinian, at the Ambassador Hotel in Los Angeles.
United States - Surveyor 7 Lunar Lander NASA launches the final Surveyor mission, Surveyor 7 on January 7th. The mission objectives for Surveyor 7 were to achieve a soft landing on the surface of the Moon in the highland area, photograph the area after landing, test the chemical composition of the soil, and gather data related to the mechanics of the landing. The spacecraft was successful in its landing and achieved its mission objectives. The surveyor program was overall successful as well, providing the necessary data to determine the feasibility of a manned Moon mission.
The Redwood National Park is created in California to protect the Giant Redwoods.
Popular Culture 1968
The first Big Mac goes on sale in McDonald's costing 49 cents
The Beatles create Apple Records and record "Hey Jude" as the first single on the label
The CBS television news magazine program "60 Minutes" shown for the first time
Popular Films 1968
Guess Who's Coming to Dinner
Bonnie and Clyde
Valley of the Dolls
The Odd Couple
Planet of the Apes
Popular Musicians 1968
The Rolling Stones
The Beatles with -- " Hey Jude "
Gary Puckett and The Union Gap
The Grateful Dead
Simon and Garfunkel -- " Mrs Robinson "
The Beach Boys
The Bee Gees
The Jimi Hendrix Experience
The Doors -- " Hello I Love You "
Bobby Goldsboro -- " Honey "
Marvin Gaye -- " I heard it through the Grapevine "
Boeing 747 made its maiden flight.
NASA launches Apollo 7, the first manned Apollo mission
Air Bags , Allen K Breed invents an air bag that deploys and inflates automatically on violent impact using nitrogen gas.
Apollo 8 orbits the Moon, becoming the first manned space mission to achieve the feat.
Dr. Christian Barnard performs the first successful heart transplant.
US Explodes experimental hydrogen Bomb.
The Emergency 911 Telephone service is started in the USA which provides a single number for
reporting emergencies and is manned 24 hrs per day 365 days per year
ATM First Philadelphia Bank installs the first automated teller machine in the U.S.
Televisions Installed increases 25 million US