Dana Gioia at the LARB:
AMERICAN POETRY IS thriving. American poetry is in decline. The poetry audience has never been bigger. The audience has dropped to historic lows. The mass media ignores poetry. The media has rediscovered it. There have never been so many opportunities for poets. American poets find fewer options each year. The university provides a vibrant environment for poets. Academic culture has become stagnant and remote. Literary bohemias have been destroyed by gentrification and rising real estate prices. New bohemias have emerged across the nation. All of these contradictory statements are true, and all of them are false, depending on your point of view. The state of American poetry is a tale of two cities.
Consider the question of poetry’s current audience. In traditional terms, poetry’s audience has declined significantly in recent years.
more here.