by Jim Milliot —
(This article was originally posted on PublishersWeekly.com.)
“Total sales in the U.S. book publishing industry rose 4.6% in 2014 over 2013, according to figures released Wednesday morning by the Association of American Publishers.
The biggest increase came in the K-12 instructional materials segment, where sales rose 9.9%. Sales in the professional segment increased 4.6%, while sales in the trade category rose 4.2%. The trade remained the largest category, with 2014 revenue of $15.43 billion.
Total units increased 3.7%, hitting 2.70 billion; units in the trade category rose 4.1%, to 2.42 billion. The AAP includes religion publishing in the trade category, along with adult and children’s sales. The estimate for the entire industry is based on actual sales supplied by about 1,800 U.S. publishers for both 2013 and 2014, which the AAP then augments by using a variety of sources to estimate sales for publishers that do not report data. The AAP took over the creation of annual sales statistics this year after its agreement with BISG to develop industry data through BookStats was not renewed….”
(You can read the full article on PublishersWeekly.com.)