sequoia
Well-known member
Came across this article in a local (more or less) newspaper. Very upbeat about the future of ukuleles and stringed instruments in general:
Industry is humming
The overall musical instrument industry in the United States had $6.2 billion in revenue in 2018, with a profit of $341 million, according to IBISWorld, a Los Angeles market researcher. The retail market posted 1.2% annual growth from 2013-2018, but it is expected to decline to a yearly growth rate of 0.9% through 2023. There are 13,191 such musical instrument-related businesses nationwide.
http://santarosapressdemocrat.ca.newsmemory.com/?publink=1c5452e1b
Industry is humming
The overall musical instrument industry in the United States had $6.2 billion in revenue in 2018, with a profit of $341 million, according to IBISWorld, a Los Angeles market researcher. The retail market posted 1.2% annual growth from 2013-2018, but it is expected to decline to a yearly growth rate of 0.9% through 2023. There are 13,191 such musical instrument-related businesses nationwide.
http://santarosapressdemocrat.ca.newsmemory.com/?publink=1c5452e1b