The Association of American Publishers has released a final account of industry sales for 2022, reports Andrew Albanese, Publishers Weekly senior writer.
“The figures show 2022 that total publishing sales fell 2.6% over 2021,” he explains.
AAP’s preliminary figures, released in February, had shown a much sharper 6.4% sales decline in 2022 from 2021.
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“So what’s changed? The biggest difference is the inclusion of sales in the pre-K–12 educational materials segment that were not captured in the earlier presentation,” Albanese explains.
“K-12 revenue jumped 16.6% in 2022 to $5.61 billion, making the category the only major segment that saw an increase over 2021.”
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