Worcester Business Journal

Worcester 300-City of Innovators-May 31, 2022

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W o r c e s t e r 3 0 0 : C i t y o f I n n o v a t o r s 59 • Robert Goddard launches first liquid rocket (1926) • Fallon Clinic (est'd 1929); Health Maintenance Organization implemented 1976 • Reed-Prentice Corp. develops a line of plastics injection-molding machinery (1935) • David Clark develops anti-gravity suit for pilots (1942); later, space suits • Gregory Pincus and Min Chueh Chang develop first oral contraceptive (1956) • Banking: First NOW account established (1973) • UMass Medical School authorized 1965, opens 1976, now UMass Chan Medical School • Mass. Biotech Park established 1982 • Norton and Wyman-Gordon acquired in the 1990s by outside firms • Memorial Health Care and UMMC merge to create UMass Memorial Health Care Inc. (1998) 1922-2021 Source: https://money.Usnews.Com/money/personal-finance/articles/2015/01/02/a-glimpse-at-your-expenses-100-years-ago Worcester population, 1920-2020 Source: U.S. Census Bureau Robert Goddard A Harley-Davidson motorcycle cost: $235 (1927) A camera cost: $80 (1928) A Chrysler Imperial Sedan cost: $2,995 (1928) One pound of coffee cost: $0.47 (1925) $0.79 (1950) $1.40 (1975) Monopoly the game cost: $4 (1950) One bottle of aspirin cost: $0.54 A Chevy Corvette cost about: $3,000 An Apple II computer cost: $1,300 (1977) A microwave cost: $168 (1978) A six-pack of beer cost: $1.49 (1978) One movie ticket cost: $1 (1978) $7.50 (2004) A 12-pack of Bud Light bottles cost: $8.99 (2003) A Samsung 42" television cost: $999 (2004) One pound of coffee cost: $3.54 (2000) Top milestones What things cost 0 50,000 100,000 150,000 200,000 Population and percent growth, year-to-year 1920 '30 '40 '50 '60 '70 '80 '90 '00 '10 '20 250,000 IMAGES | ADOBE STOCK.COM

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