AAP March 2023 StatShot Report: Overall Publishing Industry Up 3.2% Year-To-Date, and 6.6% for Month of March
The Association of American Publishers (AAP) today released its StatShot report for March 2023 reflecting reported revenue for Trade (Consumer Books), Higher Education Course Materials, and Professional Publishing. Total revenues across all categories for March 2023 were up 6.6% as compared to March 2022, coming in at $883.5 million. Year-to-date revenues were up 3.2%, at $3.2 billion for the first three months of the year. Trade (Consumer Books) revenues were up 0.2% in March, coming in at $710.9 million. In terms of physical paper format revenues during the month of March, in the Trade (Consumer Books) category, Hardback revenues were down 1.0%, coming in at $243.1 million; Paperbacks were up 0.3%, with $268.2 million in revenue; Mass Market was down 9.5% to $13.0 million; and Special Bindings were up 21.9%, with $18.9 million in revenue. Year-to-date Trade revenues were up 1.1%, at $2.2 billion for the first three months of the year.