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Americans are still reading, but they're spreading their book consumption habits over an array of formats, according to a new Pew Research survey.

Expand chart
Reproduced from a Pew Research Center report; Chart: Axios Visuals

Why it matters: Book consumption by volume has remained relatively unchanged over the past five years, while consumption of digital and social media consumption has skyrocketed.

Why books are still addicting: "The order of the words are fixed on the page or on the screen, but the speed at which you read them is entirely up to you," writes Will Sehwalbe in A Resource for the Ambitious, from The Wall Street Journal. "Sure, this allows you to skip ahead and jump around, but it also allows you to slow down, savor and ponder."

  • "About three-quarters (74%) of Americans have read a book in the past 12 months in any format, a figure that's remained largely unchanged since 2012."
  • "Overall, Americans read an average (mean) of 12 books per year, while the typical (median) American has read four books in the past 12 months. Each of these figures is largely unchanged since 2011."
  • "There has been a modest but statistically significant increase in the share of Americans who read audiobooks, from 14% to 18% ... (But) It remains the case that relatively few Americans consume digital books (which include audiobooks and e-books) to the exclusion of print."

Go deeper: Every top New York Times best-seller this year has been about Trump, via CNN's Brian Stelter.

Go deeper

Updated 1 hour ago - Economy & Business

The billionaire balloon

Data: World Inequality Report 2022; Chart: Axios Visuals

The super-rich are getting stupid rich: New data out today shows the share of global wealth held by the richest slice of humanity swelled by almost a full percentage point during the pandemic.

Driving the news: The top 0.01% of individuals now hold about 11% of the world's wealth, compared to just over 10% in 2020, according to the "World Inequality Report 2022," written by Lucas Chancel, Thomas Piketty, Emmanuel Saez and Gabriel Zucman.

Tina Reed, author of Vitals
1 hour ago - Health

Omicron gives a shot to boosters

Expand chart
Data: CDC; Chart: Will Chase/Axios

Vaccination rates have ticked higher since the discovery of the Omicron variant, CDC data shows.

By the numbers: The seven-day average for vaccinations in the U.S. reached about 1.8 million on Monday, up from an average of about 1.3 million a month ago.

Scoop: Over 200 papers quietly sue Big Tech

Illustration: Allie Carl/Axios

Newspapers all over the country have been quietly filing antitrust lawsuits against Google and Facebook for the past year, alleging the two firms monopolized the digital ad market for revenue that would otherwise go to local news. 

Why it matters: What started as a small-town effort to take a stand against Big Tech has turned into a national movement, with over 200 newspapers involved across dozens of states.