Book Publishing Annual StatShot Survey Reveals Religious Crossover and Inspirational Books Supported Trade Book Growth in 2016

The Association of American Publishers (AAP) announced today that the U.S. book publishing industry generated $26.24 billion in net revenue for 2016, representing 2.7 billion in units (volume). Books with religious and inspirational themes from religious presses and trade publishers were among the best-selling books.

StatShot Annual estimates the book publishing industry’s size and scope, tracking the sales and volume data for trade (fiction/non-fiction/religious), PreK-12 instructional materials, higher education course materials, university presses, and professional books.

While publisher revenue (1.5%) and units sold (2.8%) both increased for trade books, the overall publishing industry saw a decline in revenue (-5.1%.) This may in large part be attributed to a challenging year in the education and scholarly publishing markets, which together comprise about 40% of tracked revenues.

Publisher revenue for trade books grew by $231 million from 2015 to 2016. American publishers sold nearly 2.5 billion trade books, including print, eBook and audiobooks.
more detail at:  http://newsroom.publishers.org/book-publishing-annual-statshot-survey-reveals-religious-crossover-and-inspirational-books-supported-trade-book-growth-in-2016/

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