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US book sales continue slump
Book sales in the United States fell in July, dropping 7.4% to $1.12 billion, reports Publishers Weekly.
According to estimates from the US Census Bureau, the July decline followed a 7% drop in June sales, amid a tough second quarter for American bookstore chains. For the first seven months of 2008, bookstore sales were up 1.7%, to $8.80 billion.
For the entire retail segment, July sales rose 2.9% and year-to-date sales were up 3.2%. However, bookstores were hit by an absence of Harry Potter this year.
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