It is striking how far circulation numbers have fallen.  I found a page from Editor & Publisher from 1988 that reported on the top 25 newspapers in the U.S. in terms of circulation. The decline is striking. Here’s the start of the story:

By Mark Fitzgerald
When the year began, numerous newspaper advertising analysts declared that 1988 would be a banner year.

Midway through this lackluster year, they revised their projections downward.

Much the same thing seems to be happening with newspaper circula­tion, according to the results of the latest FAS-FAX report from the Audit Bureau of Circulations.

When the FAS-FAX for the six months ended March 31, 1988, came out, daily circulation seemed a special bright spot in a dull year.
With the release of the FAS-FAX for six months ended Sept. 30, 1988, however, the other shoe has dropped.

Here’s a look at five newspapers, 1988 versus 2023-24 daily circulation data:

Newspaper                1988                Most Recent               Decline (%)
Wall Street Journal 1,869,000       609,654     2023      ~67%
New York Times       1,116,334         296,329     2023      ~73%
Los Angeles Times   1,112,344         118,760       2023     ~89%
Chicago Tribune       1,098,127          73,000       2024    ~93%
Arizona Republic      320,409            67,510        2023     ~79%

The complete list of 25 is available in the article. It includes Sunday circulation numbers.

The complete list of 25 is available in the article. It includes Sunday circulation numbers.