Since pandemic began 16 million Americans picked up guitar

In the US alone, 16 million people have picked up guitar since the pandemic began, many of them for the first time, Fender's CEO Andy Mooney told CNBC, based on their comprehensive research. Sales of guitars, according to CNBC, have nearly doubled since 2020, total sales are up 30% in 2021, and sub-500$ guitar sales are up 40%. Watch the interview below.