Friday, December 12th 2008

November Video Game Sales Up Despite Slumping Economy

Despite many sectors of the economy now formally entering a recession after two quarters of economic downturn video games sales have increased by ten percent. Data from NPD Group showed total video games sales in November were US$2.9 billion, taking year-to-date spending on software and hardware to $16 billion, which is up 22 percent on 2007. NPD Group theorizes that Economic factors are at play given that a video game is a relatively inexpensive form of entertainment for the hours of value it provides.

The Top Ten Bestselling Games in the U.S., According to NPD Group, Were:

Source: PCWorld
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19 Comments on November Video Game Sales Up Despite Slumping Economy

#1
tkpenalty
Actually, I'd view this data with a certain alarm as people are inappropriately spending money in times like this.
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#2
farlex85
Less time for a job= more time gaming. :laugh: :shadedshu I would certainly argue that video games are expensive, although it depends. Nothing cheaper than a good book. Television and various forms of recreation come in a distant second. In fact, there really isn't much the average joe does that's more expensive than video gaming, although it is true one can easily let hours slip away w/ games, perhaps easier than other entertainment.

There's never been a wider array of visible games and systems in the market, and with each passing year more and more people become serious gamers (those getting to be the age you were when you started gaming) and more and more peek in to see what it's all about, or want something w/o even really knowing why (marketing is just fantastic these days). Thus, this isn't really surprising at all.
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#3
intel igent
i think people are turning to video game's as a mean's to enjoy themselve's without spending much money....

just my $0.02
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#4
Mussels
Moderprator
no PC games?
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#5
farlex85
by: Mussels
no PC games?
Lich King will easily take December. Sims 3 will likely get on the chart next year. Counsels will always outpace though, the mainstream can't be bothered w/ the complications of windows and video cards. The enthusiasts who can be have the interwebz......
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#6
Necrofire
People turn to any form of entertainment to get away from the downs of a recession. People spend more on recreation during these times, so it's easy to understand that video game sales are up.
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#7
jpierce55
by: intel igent
i think people are turning to video game's as a mean's to enjoy themselve's without spending much money....

just my $0.02
Agreed. I got laid off Tuesday, between looking for jobs I am hitting a game, but I would read a book before I spent money on a new game.
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#8
unsmart
what games have that movies,TV and books don't is a feeling of challenge and accomplishment when you play. When your not working a game still feels like you are reaching a goal, instead of vegging out.
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#9
DaMulta
My stars went supernova
Staying home with a game you bought is cheaper than going out on the town for one night.
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#10
Fuse-Wire
by: tkpenalty
Actually, I'd view this data with a certain alarm as people are inappropriately spending money in times like this.
hey, when the world is going to hell we all need something to keep us entertained.
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#11
CDdude55
Crazy 4 TPU!!!
Gaming is awesome. Its fun, cheap and there is a wide selection of the types of games to keep people interested.
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#12
Fuse-Wire
by: CDdude55
Gaming is awesome. Its fun, cheap and there is a wide selection of the types of games to keep people interested.
i don't know about the cheap bit but you have the rest of it spot on!!
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#13
CDdude55
Crazy 4 TPU!!!
by: Fuse-Wire
i don't know about the cheap bit but you have the rest of it spot on!!
Well it depends how much you buy whether it be one game or a whoe system plus two or more games. $50 isnt to much, even tho Consoles are $60 per game:shadedshu
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#14
3870x2
by: farlex85
Lich King will easily take December. Sims 3 will likely get on the chart next year. Counsels will always outpace though, the mainstream can't be bothered w/ the complications of windows and video cards. The enthusiasts who can be have the interwebz......
probably doesn't include PC games at all.
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#15
CDdude55
Crazy 4 TPU!!!
by: 3870x2
probably doesn't include PC games at all.
Ya, most of the population plays Consoles, they dont want to take the time for PC.

Even tho i like Consoles.(i have 360 and Wii:cool:)
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#16
farlex85
by: 3870x2
probably doesn't include PC games at all.
That does seem probable. I was thinking Lich was released in the beginning of December for some reason, but it seems that was by far the winner last month.
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#17
Triprift
No suprises here apart from I thought Little Big Planet would of been in the top 10 good to see some fps at the top though.
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#18
MadClown
Another reason why I want to get into the gaming business, Its ever growing.
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#19
Triprift
For how much longer though i wonder surely the world economic slump will hit eventually.
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