The Current Bookselling Environment

The book publishing market is tough right now. Earlier this week, Publishers Weekly reported that:

Rough Seas

Bookstore sales continued their perfect record in 2007 in May, falling for the fifth consecutive month. According to the U.S. Census Bureau, sales in May were down 4.3%, to $1.10 billion, and were off by the same percentage for the first five months of the year. Bookstore sales totaled $6.20 billion in the January through May period. For the entire retail segment, sales were up 5.6% in May and were ahead 4.1% for the first five months of 2007.

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