On the whole, the US book business is healthy: 707 million books sold in the year, including 184 million adult novels. It may be true that the average American reads fewer novels these days, or perhaps that the averaged college-educated American reads fewer novels. But in a country this big 10 percent of the people can drive an enormous industry.
Of course, most of that 184 million is genre fiction, especially thrillers, fantasy and romantasy. This New York Times piece mentions three fiction writers: thriller writer Freida McFadden (5.5 million books sold), young adult writer Suzanne Collins, whose Hunger Games prequel sold 2 million copies, and Rebecca Yarro, whose dragonrider Romantasy books sold more than a million copies.
Let me just insert a personal note here and say that I have hated everything I have ever read about people riding dragons. It's always utterly unmythical and unmagical, just, like, wouldn't it be cool to ride a big flying monster? Dragons should be more than that.
Physical bookstores are also doing ok, with sales holding steady.
Incidentally my own books accounted for 8 of those 184 million novels, so 0.0000000043% of the total vs. Freida McFadden's 3.0%.
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