…or so says the RIAA. From wired.com’s Listening Post:

According to the RIAA’s recently-released 2007 sales report, the American music industry sold 36.6 percent more Extended Play (EP) and Long Play (LP) records than it had in the previous year, increasing vinyl sales revenue by 46.2 percent. CD unit sales, on the other hand, declined 11.7 percent with revenue dropping 20.5 percent during the same period.

Well, what does that mean? If you read some of the comments below the piece on the wired.com blog, you’ll see the main point summed up: Statistics are Meaningless.

Yeah, it’s a nice thought, but the reality is that it just means there’s been a slight bump. Kids aren’t running around going crazy for turntables, and no one’s running out and spending boucoup cash on vinyls. I mean, some of my songs are on vinyl, and let me tell you, it’s a great feeling, knowing that around the world people still pick up these beautiful black discs. But at the end of the day, times truly are changing, and I personally don’t think we’ll be going backward anytime soon…