Bookstore Sales Continue Slump, U.S. Census Says

October 19, 2006
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October 19 – October 26, 2006 Edition

Bookstore Sales

Continue Slump,

U.S. Census Says

/10/18/06—The US Census Bureau last Friday reported preliminary year-to-date book store sales of $10.548 billion, down 2.1% from cumulative sales of $10.765 billion for the same year-ago period. Figures for August 2006 fell 7.7% over the previous year, only slightly better than July 2006 sales, which fell 9.3% behind the same year in 2005.

Sales for overall retail trade and food services segments increased by 6.9% in the first eight months of this year. Advance estimates of US sales for September, adjusted for seasonal variation and holiday and trading-day differences, decreased 0.4%from the previous month but were up 5.5% from September 2005.

The Census Bureau estimates have a 90 percent confidence level.

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