Retail Sales at Bookstores Down in May [3]

Retail sales at U.S. bookstores were down by 0.7 percent in May 2019 compared to May 2018, according to preliminary figures recently released by the Bureau of the Census. Estimates reflect sales of all types of participating bookstores, including trade, college, religious, chain stores (including superstores), and others.

As of July 10, the year-to-date sales among ABA member stores, as reported to the weekly Indie Bestseller Lists, are down 0.5 percent over 2018. Compound annual growth among ABA member stores is 7.5 percent over the past five years. 

The Census Bureau reported that May 2019 bookstore sales are estimated at $763 million, compared to sales of $768 million for the same period the previous year. Total retail and food service sales in May 2019 are estimated at $547.3 billion, compared to $530 billion in May 2018, an increase of 3.2 percent.

Period

2018 Final
(Millions of Dollars)

2019
(Millions of Dollars)

% Change
2019 over 2018

January

1,269

1,136

-10.4

February

689

644

-6.5

March

715

664

-7.1

April

689

713

3.5

May

768

763 (p)

-0.7

YTD

4,130

3,920 (p)

-5.1

(p) Preliminary figure

Monthly retail sales were revised on June 25, 2019, based on the results of the 2017 Annual Retail Trade Survey.

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.