Back in 2015 vinyl sales spiked 53 percent according to alpha data and slowed to less than half that rate in 2016.
Vinyl sales billion.
Unsurprisingly streaming music continues to be the driving force of the industry.
This year vinyl sales have outpaced cd sales in the united states for the first time since the 1980s.
Despite the rise in vinyl listening overall physical sales dropped 23 to 376 million during the first half of the year as americans lost jobs and concerts were canceled according to the riaa data.
The days of vinyl records being a nostalgic relic of the past are long gone.
That said vinyl sales still only accounted for four percent of total music industry revenues for the period.
Vinyl records accounted for 232 1 million of music sales in the first half of the year compared to cds which brought in only 129 9 million according to a report from the recording industry.