Analysts: Game Industry Weathering Economic Downturn

Gamasutra: 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."

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iAmPS33749d ago

Damn, people don't pay their mortgages buy they get the latest title for their respective consoles, just amazing.

We starve, but we starve happy!!!