All articles tagged with #spending decline
Originally Published 4 months ago — by Bloomberg.com
Hispanic consumer spending in the US has slowed significantly due to inflation, economic uncertainty, and fears related to immigration enforcement, impacting various industries and reflecting broader economic challenges for lower-income households.
Originally Published 6 months ago — by IGN
Young Americans are spending 25% less on video games this year compared to last, driven by economic challenges like unemployment and high credit delinquency, despite ongoing industry profits and upcoming game releases; the trend reflects broader declines in discretionary spending among this demographic amid industry layoffs and rising game costs.
Originally Published 6 months ago — by GamesIndustry.biz
Spending on video games among 18-24 year-olds in the US has dropped nearly 25% year-over-year, driven by economic pressures like job market challenges and debt, with the decline in gaming expenditure outpacing other tech-related spending, amid rising hardware and software costs in the industry.