News and Events of 1988

World Events

World Statistics

Population: 5.104 billion
population by decade

Nobel Peace Prize:
U.N. Peacekeeping Forces

More World Statistics...

U.S. Events

U.S. Statistics

President: Ronald W. Reagan
Vice President: George Bush
Population: 244,498,982
Life expectancy: 74.9 years
Violent Crime Rate (per 1,000): 56.6
Property Crime Rate (per 1,000): 50.3

More U.S. Statistics...


US GDP (1998 dollars):   $5,049.60 billion
Federal spending:   $1064.14 billion
Federal debt:   $2601.3 billion
Median Household Income
(current dollars):  
Consumer Price Index:   118.3
Unemployment:   5.5%
Cost of a first-class stamp:   $0.22 ($0.25 as of 4/3/88)


Super Bowl
Washington d. Denver (42-10)
World Series
LA Dodgers d. Oakland A's (4-1)
NBA Championship
LA Lakers d. Detroit Pistons (4-3)
Stanley Cup
Edmonton d. Boston (4-0)
Women: Steffi Graf d. M. Navratilova (5-7 6-2 6-1)
Men: Stefan Edberg d. B. Becker (4-6 7-6 6-4 6-2)
Kentucky Derby Champion
Winning Colors
NCAA Basketball Championship
Kansas d. Oklahoma (83-79)
NCAA Football Champions
Notre Dame (12-0-0)
1988 Summer Olympics
1988 Winter Olympics


Entertainment Awards

Pulitzer Prizes
Fiction: Beloved, Toni Morrison
Music: 12 New Etudes for Piano, William Bolcom
Drama: Driving Miss Daisy, Alfred Uhry

Oscars awarded in 1988
Academy Award, Best Picture: The Last Emperor, Jeremy Thomas, producer (Columbia)

Nobel Prize for Literature: Naguib Mahfouz (Egypt)

1988 Emmy Awards

1988 Tony Awards

Grammys awarded in 1988
Record of the Year: "Graceland," Paul Simon
Album of the Year: Joshua Tree, U2 (Island)
Song of the Year: "Somewhere Out There," James Horner, Barry Mann and Cynthia Weil, songwriters

Miss America: Kaye Lani Rae Rafko (MI)

More Entertainment Awards...


  • Ninety-eight percent of U.S. households have at least one television set.
  • CDs outsell vinyl records for the first time.
  • Ted Turner starts Turner Network Television (TNT) and buys MGM's film library.


  • Rain Man, Mississippi Burning, A Fish Called Wanda, Bull Durham



Nobel Prizes in Science

Chemistry: Johann Deisenhofer, Robert Huber, and Hartmut Michel (all West Germany), for unraveling the structure of proteins that play a crucial role in photosynthesis

Physics: Leon M. Lederman, Melvin Schwartz, and Jack Steinberger (all US), for research that improved the understanding of elementary particles and forces

Physiology or Medicine: Gertrude B. Elion, George H. Hitchings (both US), and Sir James Black (UK), for their discoveries of important principles for drug treatment


  • Roy Orbison

  • Chet Baker

  • Luis Alvarez

  • Edgar Jean Faure

  • Nora Astorga

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