Approximately 1-in-10 Americans tuned in Tuesday night to watch President Obama's final State of the Union address.

A report by Nielsen found 31.3 million people watched the speech, making it the smallest audience since the company began tracking viewers in 1993.

Despite the fact that 12 TV networks carried the speech live and a growing number of websites have begun to stream it online in recent years, the annual event has seen a consistent dip in ratings over the past two decades.

The State of the Union peaked the year Nielsen began tracking viewers, recording nearly 67 million people who tuned in to the address before a joint session of Congress. Last year, it was broadcasted before an audience of 31.7 million people.