February Bookstore Sales Show Healthy Gain

Printer-friendly versionPrinter-friendly version

After a flat January, retail sales at bookstores in February increased nearly 10 percent over February 2003, thus resuming the upward trend of recent months. This year's February bookstore sales were $1,145 million, compared to $1,043 million in February 2003.

Bookstore sales in February kept pace with overall retail. Overall retail of $296 billion for February 2004 was 10.4 percent better than the $268 billion of the previous year.

In its latest report, the Bureau of the Census also revised its previously published 2003 and January 2004 figures. As a result readers will note that January results are slightly higher than what BTW reported last month.

2003-2004 RETAIL SALES for BOOKSTORES (unadjusted)

Period
2003 Final
(Millions of Dollars)
2004
(Millions of Dollars)
% Increase
2004 Over 2003
January
2,172
2,153
(0.9)
February
1,043
1,145 (p)
9.8
YTD
3,215
3,298
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.