September Bookstore Sales Off Slightly
After two months of modest gains, bookstore sales in September took a slight downward turn. Bookstore sales in September were off by 2.9 percent. Year-to-date sales are down 2.3 percent.
Overall retail sales continue to be robust and continue to outperform bookstore sales. Overall retail sales of $342 billion for September 2005 were 7.2 percent ahead of the $319 billion reported in September of 2004.
2004-2005 RETAIL SALES for BOOKSTORES |
Period | 2004 Final | 2005 | % Change |
January | 2,070 | 1,969 | (4.9) |
February | 1,072 | 1,027 | (4.2) |
March | 1,036 | 1,038 | 0.2 |
April | 987 | 940 | (4.8) |
May | 1,071 | 1,055 | (1.5) |
June | 1,159 | 1,084 | (6.5) |
July | 1,128 | 1,138 | 0.9 |
August | 2,043 | 2,079 | 1.8 |
September | 1,493 | 1,450 (p) | (2.9) |
YTD | 12,059 | 11,780 | (2.3) |
(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.