A Grim Picture of Bookselling
In February, Publishers Weekly carried this unhappy announcement:
Bookstore sales fell 2.9% in 2006, to $16.12 billion, according to preliminary estimates from the U.S. Census Bureau. The figures reflect the poor holiday sales reported by many booksellers, with December sales tumbling 8.8%, to $1.99 billion. For the entire retail segment, sales rose 6% in the year.
In other words, Americans are still buying things. We're just not buying so many books, at least through the bookstores that the Census Bureau tracks.