Guy Berger Posted December 16, 2021 Report Share Posted December 16, 2021 19 hours ago, Dan Gould said: I am most curious to know the cause of this so-called collapse in record sales in 1979. Does anyone know the details of that? And it was apparently industry/genre wide? I'd have to see the actual data for record sales to be sure (I am not sure how accurate Keepnews is about timing), but my gut is it was driven by the economy. The Iran crisis led to a big spike in oil prices in April; the unemployment rate started rising in the summer; and the economy tipped into a short but severe recession in early 1980. Quote Link to comment Share on other sites More sharing options...
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