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April Bookstore Sales Flat After Strong March
Bookstore sales in April dipped slightly below April 2003 levels, interrupting the mostly upward trend of the last 11 months. April 2004 bookstore sales of $1,015 million were off 0.3 percent from the $1,018 million for April 2003.
As a result, bookstore sales in April failed to keep up with overall retail. Overall retail of $332 billion for April 2004 was 8.9 percent better than the $305 billion for April of the previous year.
Period
|
2003 Final
(Millions of Dollars) |
2004
(Millions of Dollars) |
% Increase
2004 Over 2003 |
January |
2,172
|
2,153
|
(0.9)
|
February |
1,043
|
1,144
|
9.7
|
March |
963
|
1,076
|
10.8
|
April |
1,018
|
1,015 (p)
|
(0.3)
|
YTD |
5,196
|
5,379
|
3.5
|
(p) Preliminary figure
Note: Estimates reflect sales of all types of participating bookstores, including trade, college, religious, chain stores (including superstores), and others. A bookstore is defined as any retail establishment with sales comprised of more than 50 percent new books and periodicals, and estimates include sales of all products in these stores.
Source: Bureau of the Census, Current Retail Trade Branch.