BookStats reports that e-book sales in fiction rose 42% in 2012 to a total value of $1.8 billion.

Nonfiction e-book sales grew 22% to $484.2 million.

E-book sales in children’s and YA categories increased a whopping 117% to $469.2 million.

E-books now account for 20% of publishers’ revenues.

Net revenues for publishers are also up slightly. The industry is recovering. If you have a manuscript that’s been lying in a drawer somewhere collecting dust, it’s time to pull it out and start pitching!