April Bookstore Sales Fall

Posted Tuesday, Jun 14, 2005

After a flat performance in March, April retail sales at bookstores were down five percent from the same period last year. Preliminary April 2005 bookstore sales were $938 million, compared to $987 million in April 2004. For the first quarter of 2005, retail sales at bookstores were 3.7 percent below 2004 figures.

Overall retail sales continue to outperform bookstore sales. Overall retail sales of $343 billion for April 2005 were 7.5 percent ahead of the $319 billion reported in April of 2004.

2004-2005 RETAIL SALES for BOOKSTORES
(unadjusted)

Period

2004 Final
(Millions of Dollars)

2005
(Millions of Dollars)

% Change
2005 over 2004

January

2,070

1,969

(4.9)

February

1,072

1,027

(4.2)

March

1,036

1,038

0.2

April

987

938(p)

(5.0)

YTD

5,165

4,972

(3.7)

(p) Preliminary figure

Note: Estimates reflect sales of all types of participating bookstore, including trade, college, religious, chain stores (including superstores), and others. A bookstore is defined as any retail establishment with sales comprised of more than 50 percent new books and periodicals, and estimates include sales of all products in these stores.

Source: Bureau of the Census, Current Retail Trade Branch.

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