Tuesday, May 13, 2008

Bookstore Sales Encouraging

This is good news for booksellers, especially after all the discouraging reports about the decline in reading.

Bookstore Sales Post Another Increase in March - 5/13/2008 6:08:00 AM - Publishers Weekly:

-- Publishers Weekly, 5/13/2008 6:08:00 AM

Bookstore sales rose 1.3% in March, to $1.03 billion, according to estimates from the U.S. Census Bureau. Sales have increased every month so far in 2008 and finished the first quarter up 5.1%, to $4.46 billion. The 1.3% March increase was the smallest gain in 2008.

The sales increase in the bookstore segment was higher than for the entire retail segment, which rose 3.9% in the quarter. March retail sales inched up 0.5%, to $379 billion."

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