Friday, January 14, 2011

U.S. video game sales declined 5.7% in 2010

FNN: According to a report by the NPD Group, video game sales in the U.S. posted a 5.7% decline in 2010 to $18.6B from $19.7B in 2009 and $21.4B in 2008. As consumers curtailed spending in the uncertain economy, the group says games and consoles took a hit for the year, with software sales down 5.6% to $9.4B and console sales falling 12.5% to $6.3B. At the same time, video game accessories gained 13% to $2.9B.

Spending should be back to normal this year with an ascendant stock market, healthier jobs market, and Nintendo 3DS.

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