πŸ‡ΊπŸ‡ΈUnited States Β· 50s

NASA Is Born

America creates NASA, hula hoops conquer playgrounds, and the recession bites.

What happened

5 milestones of 1958

Jan 31

Explorer 1 β€” First US Satellite

The US launched Explorer 1, its first satellite, aboard a Jupiter-C rocket. It discovered the Van Allen radiation belts. America was finally in space.

Q1-Q2

Recession Hits Hard

The worst recession since 1937 hit with 7.5% unemployment. Auto sales plummeted. It was brief but sharp β€” and ended Eisenhower's run of good economic news.

What was playing

70% local Β· 30% international

What was in cinemas

Vertigo

Vertigo

Alfred Hitchcock β€” Now considered one of the greatest films ever made. Jimmy Stewart's obsession.

Cat on a Hot Tin Roof

Cat on a Hot Tin Roof

Richard Brooks β€” Elizabeth Taylor and Paul Newman. Tennessee Williams on screen.

South Pacific

South Pacific

Joshua Logan β€” Rodgers and Hammerstein's musical was the year's top earner.

Gigi

Gigi

Vincente Minnelli β€” Won 9 Oscars including Best Picture. The last great MGM musical.

The Blob

The Blob

Irvin Yeaworth β€” Steve McQueen's debut. A teenage drive-in classic.

What was on TV

The Donna Reed Show

1958-1966 β€” Another idealized American family. Donna Reed was everyone's perfect mom.

77 Sunset Strip

1958-1964 β€” Cool detectives in Hollywood. Edd 'Kookie' Byrnes combed his hair.

Peter Gunn

1958-1961 β€” Henry Mancini's jazz score made this the coolest detective show on TV.

Gunsmoke

1955-1975 β€” #1 show for the third straight year.

The Rifleman

1958-1963 β€” Chuck Connors and his rapid-fire Winchester. The West as family drama.

How much things cost

Currency: USD

Gallon of milk$1.01
Gallon of gas$0.31
New house (median)$12,750
New car (average)$2,200
Loaf of bread$0.19
Hula Hoop$1.98

Inflation: 2.8%

The recession pushed unemployment to 7.5%. Recovery came quickly but the downturn shook confidence.

Then vs. Now

Inflation-adjusted values

Gallon of milkBLS
1958 (USD)
$1.01
β†’
Today's value ($)
--
Gallon of gasEIA
1958 (USD)
$0.31
β†’
Today's value ($)
--
New house (median)Census Bureau
1958 (USD)
$12,750
β†’
Today's value ($)
--
New car (average)BLS
1958 (USD)
$2,200
β†’
Today's value ($)
--
Loaf of breadBLS
1958 (USD)
$0.19
β†’
Today's value ($)
--
Hula HoopWham-O
1958 (USD)
$1.98
β†’
Today's value ($)
--

Technology

NASA founded

America's space agency was born as a direct response to Sputnik.

Explorer 1 satellite

America's first satellite discovered the Van Allen radiation belts.

Integrated circuit

Jack Kilby at Texas Instruments built the first integrated circuit β€” the microchip.

ARPA created

The Advanced Research Projects Agency (later DARPA) was founded β€” seed of the internet.

Boeing 707

Pan Am launched transatlantic 707 service. The jet age had begun.

Pop Culture

Fashion

Hula hoops everywhereBeatnik black turtlenecksFull skirts giving way to straighter silhouettes

Slang

Hairyβ€” Scary, dangerous
Blastβ€” A great time
Flickβ€” A movie

Behavior

  • Beatnik poetry readings in coffeehouses
  • Teenagers owned the jukebox and the drive-in
  • Fallout shelter drills became routine in schools

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