AAP April 2023 StatShot Report: Overall Publishing Industry Up 0.9% Year-To-Date, and Down 7.6% for Month of April
The Association of American Publishers (AAP) today released its StatShot report for April 2023 reflecting reported revenue for Trade (Consumer Books), Higher Education Course Materials, and Professional Publishing. Total revenues across all categories for April 2023 were down 7.6% as compared to April 2022, coming in at $732.3 million. Year-to-date revenues were up 0.9%, at $3.9 billion for the first four months of the year. Trade (Consumer Books) revenues were down 11.2% in April, coming in at $605.7 million. In terms of physical paper format revenues during the month of April, in the Trade (Consumer Books) category, Hardback revenues were down 9.2%, coming in at $218.1 million; Paperbacks were down 16.3%, with $208.9 million in revenue; Mass Market was down 10.7% to $12.7 million; and Special Bindings were down 2.8%, with $12.3 million in revenue.