Show hook Book Business Still Going Strong Despite competition from movies television and teaching machines the book industry still flourishes According to a publication of the New York Stock Exchange Exchange Ex Ex- Ex change the growth of leisure time increasing affluence and rising cultural and educational standards arc are forces sustaining the book business Some titles including new editions of previously published published published pub pub- books were published in inthe inthe inthe the US U.S. in 1973 Total sales were 32 billion Despite inflation and the higher cost of paper this years year's wide industry sales show significant significant significant sig sig- gains in most areas Sales of of adult trade books are up 19 per cent mass mas market paperbacks are up 14 per cent college textbooks are up nearly 13 per cent and elementary and high school textbooks are up 10 per cent The educational sector pr probably probably bably b- b ably faces the most uncertain future While the projected de decrease decrease de- de crease e in school enrollments over the next 10 years could hit the textbook business hard school systems free freed from the need for physical expansion may spend more on textbooks and educational material |