Industry Sales Flat in 2013; Trade Dropped 2.3%
This article was originally published at PublishersWeekly.com.
By Jim Milliot, Publishers Weekly
“Industry sales were just about flat in 2013, falling by less than 1%, to $27.01 billion, from $27.12 billion in 2012, according to the newest figures from BookStats, the industry statistics program from the AAP and BISG.
Sales in the trade segment, the industry’s largest, fell 2.3%, to $14.63 billion, but revenue rose in the three other major categories. Sales of professional and scholarly books increased 1.3%, to $3.62 billion, while sales in the higher education category rose 1.1%, to $4.34 billion. Sales in the pre-k-12 segment increased 3.4%, to $4.41 billion…”