September Bookstore Sales Flat After Strong August

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September bookstore sales were disappointing in the wake of their strong showing in August. September 2003 sales of $1,491 million also lagged 0.9 percent behind the $1,505 million performance a year ago.

September was the first month in the last four that bookstore sales failed to show improvement over the previous year.

Overall retail sales of $309 billion for September 2003 came in 8.8 percent ahead of the $284 billion in September of 2002.

2002-2003 RETAIL SALES for BOOKSTORES (unadjusted)

Period
2002 Final (Millions of Dollars)
2003 (Millions of Dollars)
% Increase 2003 Over 2002
January
2,039
2,094
2.7
February
1,037
1,005
(3.1)
March
1,045
929
(11.1)
April
969
984
1.5
May
1,142
1,105
(3.2)
June
1,073
1,179
9.9
July
1,059
1,129
6.6
August
1,825
2,083
14.1
September
1,505
1,491 (p)
(0.9)
YTD
11,694
11,999
2.6

(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.