I met a couple of editors of engineering textbooks last week. I grabbed my chance to ask them if people were running scared in textbook publishing. Were editors dropping like flies? Were they becoming agents to try to stay employed?
Au contraire. They and, to their knowledge, other textbook publishers had had very good years. Met their goals and surpassed them, in fact.
I'm guessing that while the economy is bad, folks are heading to college and staying there, hoping to ride out financial hard times.
I also learned that textbook authors don't get advances, by the way. Just in case anyone is thinking of going that route.