U.S. Book Sales Up!
U.S. Book Business Generated Over $27 Billion in Net Revenue Last Year
The U.S. book and journal publishing industry created $27.98 billion in net revenue in 2014, according to the Association of American Publishers (AAP)?€?s annual StatShot. Revenues were up 4.6 percent as compared to 2013, in which annual revenues were $26.75 billion. (GalleyCat)
Total units increased 3.7 percent, hitting 2.70 billion; units in the trade category rose 4.1 percent, to 2.42 billion. The AAP includes religion publishing in the trade category, along with adult and children?€?s sales. The estimate for the entire industry is based on actual sales supplied by about 1,800 U.S. publishers for both 2013 and 2014, which the AAP then augments by using a variety of sources to estimate sales for publishers that do not report data. (Publishers Weekly)