Report: consumers yet to back off on gaming, music spend
April 16th, 2009
Americans plan to spend the same or more on music, video games, and movies this year compared with 2008. The numbers come from the NPD Group’s latest consumer tracking report, Entertainment Trends in America, showing that entertainment may be the one element of the US economy that is still recession-proof.
According to NPD, 75 percent of consumers surveyed said that they planned to spend the same or more on music this year than last, with another 65 percent saying they would do the same for video games. More than half (60 percent) said they would spend the same or more on CDs—though anything times zero is still zero—and a hefty 73 percent planned to do so with theatrical movies.
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