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Book Publishing Shows Growth
“BookStats,” a survey conducted by the Association of American Publishers, shows major growth in the book publishing trade during 2008-2010. The survey of 1,963 publishers indicated increased sales in print and digital formats across all markets in the three-year period. In 2010, publishers experienced a 5.6% increase in net revenue and a 4.1% boost in the number of books sold since 2008.
E-books played a role in the growth of the total trade market, increasing from 0.6 percent in 2008 to 6.4 percent in 2010. Sales of ebooks were especially strong in genre fiction categories. The conclusion is that, as a whole, book publishing has experienced a healthy and much-needed resurgence.