Correction: July Bookstore Sales Better Than Previously Reported

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Last week's BTW article on July retail sales for bookstores was based on outdated information. The Bureau of the Census periodically updates retail sales data, and its most recent revision of 2002 retail sales figures occurred on September 12, 2003. As a result, BTW is issuing this updated report on July bookstore sales.

July sales of $1,130 million were 6.7 percent ahead of last July's $1,059 million.

Overall retail sales of $325 billion for July 2003 were 6.2 percent ahead of the $306 billion in July of the previous year.

2002-2003 RETAIL SALES for BOOKSTORES (unadjusted)

Period
2002 Final (Millions of Dollars)
2003 (Millions of Dollars)
% Increase 2003 Over 2002
January
2,039
2,094
2.7
February
1,037
1,005
(3.0)
March
1,045
929
(11.1)
April
969
984
1.5
May
1142
1,105
(3.2)
June
1,073
1,179
9.9
July
1,059
1,130 (p)
6.7
Census figures as of September 12, 2003.

(p) Preliminary figure

Note: Estimates reflect sales of all types of participating bookstores, including trade, college, religious, chain stores (including superstores), and others. A bookstore is defined as any retail establishment with sales comprised of more than 50 percent new books and periodicals, and estimates include sales of all products in these stores.

Source: Bureau of the Census, Current Retail Trade Branch.