AAP StatShot: US Industry Was up 18.1 Percent for Month of July

In its July 2024 StatShot report released this morning (October 8), the Association of American Publishers (AAP) cites total revenues across all categories up 18.1 percent over July 2023.

Year-to-date revenues, the AAP reports, were up 7.6 percent at US$7.8 billion for the first seven months of this year.

As Publishing Perspectives readers know, the AAP’s numbers reflect reported revenue for tracked categories including trade (consumer books); religious presses; educational course materials; and professional publishing.

Authors of the July 2024 AAP StatShot report point out that, “Nearly all categories experienced an uptick year-over-year.”

In the trade category, adult book net sales rose by 23.9 percent in July, compared to the same month in 2023. Both fiction and nonfiction contributed significantly to this growth, with fiction sales up 25.8 percent and nonfiction up 21.4 percent. This contributed to a 9.0-percent year-to-date increase in adult book sales, with fiction growing by 13.4 percent and nonfiction by 4.0 percent.

In children’s and young adult (YA) book, net sales increased by 15.3 percent year over year. Within this sub-category, fiction sales grew 21.0 percent and nonfiction decreased by 6.7 percent. Year to date, this sub-category remains relatively flat with a 0.5-percent decrease.

To read the full article on publishingperspectives.com, click here