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Illustration: Rebecca Zisser

Despite the uptick in news consumption in America, largely thanks to the Trump bump, the newspaper industry's survival remains in jeopardy, according to the Pew Research Center's newly-released newspaper fact sheet for 2017.

The big picture: The future for newspapers remains bleak. Though web traffic has grown for many news outlets, the industry's subscriber-based audience has steadily declined since the 2000s, per the report. Meanwhile newspapers, which have failed at finding fresh ways to compete with digital products, are using antiquated business models that show no signs of improving their readership.

By the numbers:

  • Newspaper advertising revenue was $16.5 billion in 2017, down 10% from 2016.
  • The estimated total U.S. daily newspaper circulation (print and digital) in 2017 was 31 million for weekdays and 34 million for Sunday, down 11% and 10% respectively in 2016.
  • About 39,000 people worked as reporters, editors, photographers or video editors in 2017, per the Bureau of Labor Statistic’ Occupational Employment Statistics. That’s down 15% from 2014 and 45% from 2004.

Be smart: Newspaper ads for digital are on the rise, and accounted for almost a third of ad revenue in 2017. That’s only up 3% from 2016, but it’s a number that stayed out of the red.

Take note: Many daily newspapers do not get enough web traffic to be recorded by comScore, the data source used by Pew, so the figures in the report are more reflective of the top 50 U.S. newspapers based on circulation.

Go deeper

Updated 1 hour ago - Sports

Olympics dashboard

Team USA's Simone Biles watching the women's uneven bars final at the Olympic Games in Tokyo, Japan, on Sunday. Photo: Jamie Squire/Getty Images

🚨: Simone Biles will compete in her final Olympic event

⚽: U.S. women's soccer team falls to Canada in semifinals, ending chances at gold

🏋️‍♀️: Laurel Hubbard becomes first openly trans woman to compete at Olympics

🤸: U.S. gymnast Jade Carey wins Olympic gold in floor exercise final

🪧: IOC "looking into" American Raven Saunders' Olympic podium protest gesture

📷In photos: Day 10 Olympics highlights

🏳️‍⚧️: Axios at the Olympics: Games grapple with trans athletesTrans athletes see the Tokyo Games as a watershed moment

Go deeper: Full Axios coverage

Updated 2 hours ago - Sports

Laurel Hubbard becomes first openly trans woman to compete at Olympics

Laurel Hubbard. Photo: Stanislav Krasilnikov\TASS via Getty Images

New Zealand weightlifter Laurel Hubbard made history on Monday as the first openly transgender female athlete to compete at the Olympics.

Why it matters: The presence of trans and nonbinary athletes at this year's Games has been celebrated by LGBTQ+ rights advocates, but stirred controversy among critics, who argue trans women have an unfair advantage even after taking hormones to lower their testosterone.

Index fund investors saved $357 billion over last 25 years

Illustration: Sarah Grillo/Axios

Investors who’ve opted to passively track the stock market haven’t just outperformed most active fund managers. They’ve also saved a ton of money in fees while doing it.

Why it matters: There are loads of active fund managers aiming to beat the returns of funds that track indexes like the S&P 500.

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