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Adult Hardcover Sales Down Nearly 21%

According to the latest Association of American Publishers (AAP) net sales revenue report, adult hardcover sales plunged 20.9 percent in November 2011, dipping from $219.9 million to $174 million compared to the same period the year before. At the same time, total trade book sales dipped 3.5 percent.

Above, we have embedded a year-to-date chart above for 2011, but we still need to wait for the December numbers to get a complete picture of book sales in 2011.

Here’s more from the release, drawn from publishers’ insights: “While the November over November e-books number [65.9 percent increase] is still high, it dropped below the triple-digit percentages we’ve seen in the past year.  The year-to-date percentage growth remains pretty consistent with what we’ve been seeing all year.”

Editor’s note: This post has been updated to for clarity.

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Thursday May 23: Real Talk about Life after Publication

These days, writers aren’t just writers: They’re social-media mavens, seasoned public speakers, and one-person publicity machines. And they still have to find time to write their books! Find out what life is like once you've landed that dream book contract in a free web chat with young-adult authors Elizabeth Norris (Unraveling and Unbreakable) and Brodi Ashton (Everneath and Everbound) — plus special guest Kristin Rens, editor at HarperCollins imprint Balzer + Bray. Thursday, May 23 at 7:00 p.m. ET. on Figment.com.