Demand for Vinyl Surges but Factories Struggle to Keep Up
The tables are turned for an old music favorite. Vinyl is back for old collectors and a new generation is hopping on board. New data shows a major surge in vinyl but manufacturers are having a tough time keeping up. In the first half of this year, vinyl sales have nearly doubled from the same period last year with seventeen million records sold generating four hundred sixty-seven million dollars more than double CD sales did. It’s the highest year ever for vinyl sales in the United States, and there’s about one billion dollars worth of business that can’t be achieved. Vinyl is so popular it’s getting hard for sellers to keep up.
