Bookstore Sales Show Slight Rise

Posted Monday, Jul 15, 2002

For the second month in a row bookstore sales showed a fractional increase over the previous year. Preliminary May bookstore sales figures of $1,198 million were 0.8 percent better than the $1,188 million of the previous May.

However, May is the fourth month in a row in which bookstore sales failed to keep pace with overall retail. Overall retail sales of $313 billion for May 2002 came in 2.2 percent over the $306 billion realized in May of 2001.

2001-2002 RETAIL SALES for BOOKSTORES (unadjusted)

Period
2001 Final (Millions of Dollars)
2002 (Millions of Dollars)
% Increase 2002 Over 2001
January
1,698
2,188
28.9
February
1,163
1,117
(4.0)
March
1,165
1,126
(3.3)
April
1,034
1,043
0.9
May
1,188
1,198(p)
0.8
YTD
6,248
6,672
6.8

(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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