February Bookstore Sales Sluggish
Bookstore sales turned downward in February after a brief upturn in January. February retail sales for bookstores of $1,069 million were 4.3 percent lower than the $1,117 million generated in February 2002.
Overall retail sales of $271 billion for January 2003 were 3.0 percent ahead of the $263 billion for the previous year. February is the 13th month in a row in which bookstore sales failed to keep pace with overall retail.