The Association of American Publishers (AAP) issued its 2018 StatShot Annual Report today which found, among other things, that the U.S. book publishing industry generated an estimated $26.23 billion in net revenue for 2017, representing 2.72 billion units. All figures represent publishers’ net revenue from tracked categories (trade, higher education course materials, preK-12 instructional materials, professional books, and university press), in all formats, from all distribution channels. These are not retailer/consumer sales figures. Publisher revenue for trade books (fiction, non-fiction and religious presses) were flat (0.3%) increasing by $45 million in 2017 over 2016. Since 2013, publisher revenue for trade books increased by around $820 million. Click Read More below for additional information.
The United States Postal Service filed notice with the Postal Regulatory Commission (PRC) today of price changes to take effect Jan. 26, 2020.
The proposed prices, approved by the Governors of the Postal Service, would raise Mailing Services product prices approximately 1.9 percent. Shipping Services price increases vary by product. For example, Priority Mail Express would increase 3.5 percent and Priority Mail would increase 4.1 percent, on average. Although Mailing Services price increases are based on the Consumer Price Index, Shipping Services prices are primarily adjusted according to market conditions. The Governors believe these new rates will keep the Postal Service competitive while providing the agency with needed revenue.
If favorably reviewed by the PRC, the new prices will include no increase in the price of a First-Class Mail Forever stamp, which would remain at 55 cents. The single-piece letter additional ounce price would remain at 15 cents. Also unchanged would be the prices of postcard stamps at 35 cents, and 1-ounce flats at $1.
details at: https://about.usps.com/newsroom/national-releases/2019/1009-usps-announces-new-prices-for-2020.htm