Year-to-date, the United States’ industry’s trade revenues were down 1.8 percent, at US$4.8 billion for the first seven months of the year.
The year’s first half showed US book sales up, but June revenue was down 0.9%, at $4.1 billion; children’s and YA were down 6.3%.
In the US, sales of books for adults and education were up in May, as children’s books slid again, per AAP’s StatShot.
AAP’s StatShot shows the United States market’s trade revenues were down 2.0 percent in the first four months, at US$2.8 billion.
The AAP StatShot figures for March 2023 arrive with trade revenues up 0.2 percent for the month of March, 1.1 percent year-to-date.
The Audio Publishers Association finds in its annual report that audiobook sales generated $1.8 billion in the United States in 2022.
Still 8.6 percent above 2019’s total revenues, the US market in 2022 was 2.6 percent below 2021’s revenue level, the AAP reports.
In books for adults as a sub-category, audio surpassed ebooks for the first time, according to February’s StatShot.
The first monthly StatShot report from the Association of American Publishers in 2023 shows trade revenues up 3.1 percent in January.
In the month of December 2022, the Association of American Publishers’ StatShot saw a 10-percent decline over December 2021.