Charted: 50 Years of Music Industry Revenues, by Format
In the ever-changing world of music, 2022 marked yet another milestone.
For the seventh year in a row, recorded music revenues in the United States rose, hitting a record high of $15.9 billion.
The graphic above uses data from the Recording Industry Association of America to chart the music industry’s evolution over the last 50 years.
The Analog Era: Vinyl to Cassettes to CDs
The U.S. Mortgage Rate vs. Existing Home Sales
The U.S. 30-year fixed-rate mortgage has reached its highest level since 2002.
Coupled with rising home prices and a constrained housing inventory, U.S. housing affordability is now at its lowest point in history, according to the National Association of Realtors.
Why Do People Start Businesses in Every U.S. State?
People have various motivations for starting their businesses.
Some seek higher income. Others are looking for a balance between family life and career. In some situations, entrepreneurship may be the only way to fight unemployment.