- Yearly income: $4,550
- Gallon of gas: .24¢
- Bacon: .60¢
- Record player: $79.95
- Larry King begins his radio career
- Dr. Seuss publishes "The Cat in the Hat"
- "American Bandstand" debuts
- Soviets launch Sputnik satellite
- Space Race starts
- First nuclear power plant becomes operational
- Lasers developed
- Toyota starts doing business in the U.S.