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Polishing the Crystal Ball: Using Historical Data to Project Serials Trends and Pricing
Abstract:Presented by the authors of the annual Library Journal (LJ) serials pricing article, this program discussed the major serials pricing studies used by libraries. The strengths and weaknesses of methodologies utilized to create the LJ article as well as the Prices of U.S. and Foreign Published Materials Index compiled by the ALA ALCTS Library Materials Price Index Editorial Board were presented. Although the studies may have differing approaches, both clearly indicate that serial prices are increasing. Libraries need to be aware of what the impact of these price changes will be on their future budgets.
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