Bookstore Sales Eke Out Modest Gain
Bookstore sales for April stabilized, reversing the downward trend of the past two months by eking out a slight increase over April 2001. However, April is the third month in a row in which bookstore sales failed to keep pace with overall retail.
Preliminary April bookstore sales figures of $1,042 million were 0.8 percent better than the $1,034 million of the previous April.
Overall retail sales of $297 billion for April 2002 came in 4.9 percent over the $283 billion realized in April 2001.