Change Tracks or Swap records each month - cancel anytime. Six musical acts will also perform on the Capitol Blue Cross Live Music Stage, they are Marrisa Porter, Burden of Proof, Mack Berry Band, Soul Miners Union, D-Bo!, and Vinyl Groov. Get an exclusive record delivered monthly, starting at 36/month (shipping is free). Williams said.Ī firework display that will see more than 2,000 shells launched at the tip of City Island will kick off around 9:15 p.m. “The 4th of July is when Harrisburg shines, and this festival which brings in tens of thousands of people to the city is one of our crowning moments of the year,” Mayor Wanda R.D. Start by looking for a Catalog Number on your record, which is often. To determine the value of your record, you must first identify it. For example, Pink Floyd’s Dark Side of the Moon has been pressed over 400 times on vinyl. There will also be a beer and wine garden available for adults. Most albums have been issued more than once, resulting in different release versions. The July 4th Food Truck and Fireworks Festival is coming back to Riverfront Park, and about 50 food trucks will be lining up on Front Street for the event that starts at 1 p.m. (WHTM)– The month of July means the return of the Independence Day celebration in Harrisburg that sees oodles of food trucks, some live music, and one of Central Pennsylvania’s largest firework shows. Without adjusting for inflation, the average EP/LP sale price rose 44.4% from $17.44 in 2006 - but factoring in inflation that's up just 7.4% from $23.44 in 2006 to $25.19 in 2021.HARRISBURG, Pa. As manufacturing capacity increased dramatically, sales increased more than 44 times to 39.7 million units in 2021. Today's vinyl buyer might feel pinched, but inflation-adjusted vinyl prices haven't risen much since unit sales bottomed out at 900,000 in 2006. consumers bought 407.5 million CDs that year, surpassing the single-year vinyl EP/LP sales record of 344 million units set in 1977. The average EP/LP sale price hit an inflation-adjusted low at $11.35 in 1992 with sales of just 2.3 million units (the unadjusted price of $5.87 was the lowest since 1974). Vinyl got cheaper as demand plummeted and consumers purchased more cassettes and CDs. In the decade after unit sales peaked in 1977, sales volume fell by 69% while the average inflation-adjusted price dropped nearly 38% to $17.76 ($7.41 unadjusted). From 1973 to 1977, unit sales grew 22.9% and the inflation-adjusted sale price rose 5% (49% without adjusting for inflation during that period of high inflation rates). In the '70s, as vinyl demand rose, prices increased, too. Immediately available will be the lowest, median, and highest prices that the release has been sold for on Discogs. On a desktop, it will be on the right-hand side on mobile, you will need to scroll down. Vinyl records haven't always followed the basic laws of supply and demand, however. Find Prices in the Statistics Section Look for the Statistics heading. The results of shifts in both supply and demand are more units purchased at an equal or similar equilibrium price. Then, if supply increases to meet the higher demand, prices fall back to their previous level. 2021.Īccording to basic economic theory, if demand for a product increases, prices will rise until companies increase production. Warner Music Group raised the price on 600 vinyl titles in Oct. Universal Music Group did just that in May when it raised the wholesale price on 2,400 vinyl titles - half of them cost $19 or higher. With strong demand and tight supply, companies have little incentive not to raise prices. At the same time, manufacturing capacity remains strained even though new vinyl presses have gone online in recent years to meet consumers' growing appetite for physical records. The average EP/LP sale price will likely rise in 2022 because pandemic-related supply chain problems have caused input prices and freight to rise dramatically. The bad news for vinyl lovers is the 1978 record could soon fall. history at 341.3 million units, behind 1977’s tally of 344 million.įor comparison, the average inflation-adjusted EP/LP sale price in 2021 was $25.19. That was the second-highest vinyl sales year in U.S. ![]() That year, the average retail sale price of a vinyl EP/LP was $7.32 – equal to $30.18 in today’s dollars when adjusted for inflation. It was also a notable year for another reason: In 1978, vinyl records were more expensive than any other time since the RIAA began tracking sales in 1973.
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