AAP May 2024 StatShot Report: Overall Publishing Industry Up 10.9% for Month of May, and Up 5.5% Year-To-Date
The Association of American Publishers released its StatShot report for May 2024 reflecting reported revenue for Trade (Consumer Books), Religious Presses, Higher Education Course Materials, PreK-12 Instructional Materials and Professional Publishing. Total revenues across all categories for May 2024 were up 10.9% as compared to May 2023, coming in at $1.1 billion. Year-to-date revenues were up 5.5%, at $5.2 billion for the first five months of the year. Trade (Consumer Books) revenues were up 16.5% in May, coming in at $789.1 million. In terms of physical paper format revenues during the month of May, in the Trade (Consumer Books) category, Hardback revenues were up 21.0%, coming in at $289.1 million; Paperbacks were up 16.7%, with $289.6 million in revenue; Mass Market was up 118.2% to $11.2 million; and Special Bindings were up 28.4%, with $13.6 million in revenue.