1982, Doobie Bros.' Farewell Tour, recorded at Santa Barbara. Reagan was in his 2nd year of his Presidency in 1982.
Also in 1982:
Year End Close Dow Jones Industrial Average 1046
Interest Rates Year End Federal Reserve 11.50%Average Cost of new house $82,200
Median Price Of and Existing Home $67,800
Average Income per year $21,050.00
Average Monthly Rent $320.00Cost of a gallon of Gas 91 centsNew Car Average price $7,983.00
Severe recession begins in the United States.
Israeli forces invade Lebanon
Israeli returns Sinai to Egypt
The First Issue of USA Today is published
Doctors performed the first implant of a permanent artificial heart designed by Robert Jarvik
The Vietnam Veterans Memorial in Washington DC is dedicated