News & Trends: Book Sales Forecast to Grow (Slightly)
The new "Book Industry Trends 2009" report suggests "flat is the new up," but moderate growth is on the horizon for the next two years.
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Book publishers combined to pull in $40.3 billion in net dollar sales in 2008, a 1-percent increase over 2007, according to Book Industry Study Group’s (BISG) “Book Industry Trends 2009.” Total unit sales, however, slipped 1.5 percent from 3.13 million in 2007 to 3.08 million last year. BISG has published the “Trends” report, which provides comprehensive statistical information and forecasts about the U.S. book market, for 30 years; the 2009 edition, developed in partnership with research firm Outsell Inc., is due out this summer.
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- People:
- Michael Cader
- Michael Healy
- Places:
- U.S.
E
T
Matt Steinmetz
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Matt Steinmetz is the publisher and brand director of Publishing Executive.
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