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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Religious publishers experienced the biggest fall-off in 2008 versus 2007, with sales declining 10 percent. College and el-hi publishing both grew their categories by 4.5 percent to mark the largest increases among all categories.
“Trends 2009” also includes projections for the industry’s total revenue and unit sales for 2009 and 2010. It forecasts a revenue increase of 1.8 percent from 2008 to 2009 and 2.4 percent from 2009 to 2010. Unit sales are projected to rise by 0.7 percent in 2009 and by another 2.2 percent in 2010.
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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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