USA Today: Video game sales defy economic slowdown

USA Today writes: "Perhaps shoppers needed the diversion from October's economic woes. Whatever the reason, the financial downturn did not keep shoppers from indulging in their video game avocation, according to researcher NPD Group's monthly sales report .

Overall, sales of console game systems, software and accessories rose 26% compared to October 2007. Portable game sales dropped for the one month period, but total sales for the year are 7% ahead of 2007." The video games industry grew an impressive 18% year-over-year in the first month of the critical fourth quarter," says NPD analyst Anita Frazier. "With ten months under its belt, the video games industry is still poised to top $22 billion in annual sales in 2008" - which would set another annual sales record."

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