As budgets bounce back, investment goes to "e" not print, according to an Information Today, Inc. report. Medford, NJ (PRWEB) September 04, 2013 According to a new ProQuest-sponsored report published today by Information Today, the library is going digital at an accelerating pace. In the wake of the downturn of 2009-2010, library budgets have bounced back or are holding steady, led by a return of funding to many community public libraries. However, any new revenues coming in are not going to revive print collections. The emphasis is now overwhelmingly digital, as libraries scramble to meet an ever-increasing demand for digital and online content. Key findings from the survey include the following: * Library budgets are bouncing back or holding steady in the wake of several years of a lackluster economy. But budget growth overall has been lukewarm. Public community libraries experienced the largest share of budget increases, while academic libraries have seen little growth. Digital continues to grow as a proportion of content acquisition budgets for all types of libraries. * Three-fourths of libraries continue to see rising demand for electronic resources, while more move away from print. Close to nine out of 10 public community libraries report seeing demand for ebooks, which leads the way in purchasing intentions. * Providing technology-based access is now the top priority as libraries redefine their roles as digital knowledge centers. However, these goals continue to clash with tight budgets, which makes selecting and maintaining platforms and skills an ongoing challenge. Titled "Libraries: At the Epicenter of the Digital Disruption," the report is sponsored by ProQuest and conducted by the Library Resource Guide in conjunction with Unisphere Research. The report analyzes responses from 796 library directors, administrators, managers and librarians and reveals current spending patterns for public, academic, and special libraries. It also provides projections for budgets and spending trends for 2013 and 2014. The report is segmented into three main reporting sections: 1. Library Finances: Public Libraries Regroup 2. Library Technologies and Services: Ebooks on the Rise 3. Library Strategies: Redefining Mission for the Digital Age Reporting is broken down by library segment and includes three years of comparative data. "It's a unique resource for library budgeting and planning as well as indispensable look at the trends in the library market," says Thomas Hogan Jr, President of Unisphere Research. There is no charge to download the full report. Simply register and download the report at http://www.libraryresource.com/Downloads/ResearchReports The Library Resource Guide and Unisphere Research are divisions of Information Today, Inc. (http://www.infotoday.com) ProQuest (http://www.proquest.com) Cynthia Cynthia L. Henderson, MILS, AHIP Executive Director Louis Stokes Health Sciences Library Howard University 501 W Street, NW Washington, DC 20059 cynthia.henderson@howard.edu<mailto:cynthia.henderson@howard.edu> 202.884.1723 voice 202.884.1733 fax http://hsl.howard.edu/