Thursday, July 16, 2015

Bookstore Sales Up 0.9% in May 2015

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Brick and mortar bookstore sales are on the rise for the third straight month according to the US census Bureau.  In May 2015 sales across the board for books, stationary and magazines have increased 0.9%, to $776 million from the same period last year.

"The rapid growth of e-book sales has quite dramatically slowed and there is some evidence it has gone into reverse," said Douglas McCabe of Enders Analysis. Though it's hard to say what exactly has caused the apparent slow-down of digital book sales, this does spell good news for fans of physical books.

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