Today’s Press Release from ALA announced that the 2011 Academic Library Trends and Statistics annual publication is now available. The three-volume publication highlights key data from 1,514 academic institutions regarding collections, available services, staffing trends, and overall expenditures. The press release reveals that library expenditures for e-books has increased dramatically from 2010 to 2011 — with baccalaureate colleges increasing their e-book spending by some 109%! Of course with e-book expenditures increasing, money has to come from somewhere, and the majority of institutions report a small decrease in serials spending.
Other interesting data… Salaries/wages have increased by just over .90% for most institutions. Additionally, in the next five years, 15.9% of academic libraries believe they will lose space, 20.4% expect to gain space, and 58.4% expect no change.
To learn more, check out the Press Release.