Market Overview

What Life Was Like The Last Time Detroit Red Wings Missed The Stanley Cup Playoffs

What Life Was Like The Last Time Detroit Red Wings Missed The Stanley Cup Playoffs
Related SPY
Stocks To Face More Risk This Week, Possible Late Week Bounce
The Market In 5 Minutes: AT&T, Facebook Data, Apple Screens, Google Shopping And More
The Next Recession Is Closer Than You Think (Seeking Alpha)

For the first time since 1990, the NHL's Detroit Red Wings won't be participating for a chance to hoist Lord Stanley's Cup.

As such, the Pittsburgh Penguins now hold the title for the longest post-season steak at 10 seasons. Ironically enough, Sidney Crosby and the Penguins defeated the Red Wings in its last Stanley Cup finals appearance in the 2008-09 season.

The Wings set a North American pro sports record by reaching the playoffs for 25 consecutive seasons.

Here is a look at some economic stats and other fun facts of what life was like the last time the Red Wings missed the playoffs in 1990.

  • Dow Jones range: Low of 2,365 and high of 3,000 (now trading over 20,000)
  • Cost of a new home: $149,800
  • Price of gas: $1.16 a gallon
  • Cost of milk: $2.78 a gallon
  • Rate of inflation was 5.4 percent
  • GDP growth of 1.9 percent
  • "Law & Order" and "The Fresh Prince of Bel-Air" were the two most popular TV series throughout 1990.
  • "Goodfellas" was ranked as the most popular feature film release in 1990.
  • Shares of Apple Inc. (NASDAQ: AAPL) closed at $1.33 on the first trading day of 1990; The stock now traded over $135.

See Also:

Mike Ilitch: Billionaire Entrepreneur, Pizza Magnate And Detroit Icon

Patriots Win Caps Most Thrilling Sports Championship Year Ever

Image: Michael Righi, Flickr

Posted-In: Detroit Red Wings NHL Sidney CrosbyNews Education Sports Events General Best of Benzinga


Related Articles (SPY + AAPL)

View Comments and Join the Discussion!