|
Back to the news-page
Analysts: Game Industry Weathering Economic Downturn
>> From gamasutra.com:
[QUOTE]
Following the release of February's NPD sales figures, analysts have called out its particularly strong performance in light of macroeconomic downturns, calling the industry near 'recession-proof.'
Said simExchange's Jesse Divnich, "Today, retailers announced that they have posted negative same store sales growth for February and many economists warned that the United States economy is currently in a recession or on the verge of one."
"Irrespective to that," he continued, "the video game industry continues to post record growth and although no leisure/entertainment sector can be considered 'recession proof,' the video game industry continues to prove to be one of the very few industries to have the least elasticity to the current economic environment."
[/QUOTE]
Full Story: gamasutra.com
Discuss this news item on our forums: forums.xbox-scene.com
Back to the news-page
| |
|
|
|
|
|
XboxMediaCenter at
|
