MAIN NEWS HEADLINES
August 21 – August 28, 2008 Edition
Decline in June;
Stay Up for Year
WASHINGTON, DC/8/21/08–Bookstore sales, which started at a surprisingly strong pace in January 2008 at $2.28 billion, fell to half that amount–$1070–in June, 2008. The August 2008 report from the U.S. Census Bureau showed a 7.1% decline for June over the previous month.
Year-to-date sales of $7,676 billion, remained ahead of the same period in 2007 by about 3%.
Bookstore sales reported by the U.S. Census Bureau are for brick-and-mortar stores only and do not include online sales.
The Nonstore Retailers segment, which does include online book sales, grew by more than 6% from June 2007 to June 2008. However, the report does not break out book sales from the general online retail category.
Sales for the entire retail segment grew only 1.3% in June and 3.1% for the first half of 2008.