Million on 06 October 2008
| libellule said: Just 2 points : - We are suppose to be in recession since about 1 year, but despite this, last Xmas sales were AMAZING. - Since 3 months, it seems recession has been stronger and all doubters, including me, begin to see recession is real BUT console hardware/software sales are still STELLAR !!! I must say I m wondering if recession is as strong/real as they say. |
I'm not good at economics but maybe the cosumer confidence in the economy or lack of anticipation/understanding of economic decline is keeping retail spending constant or at least at a healthy level . Possibly continued spending will keep more people in their jobs , enable more people to spend and consequently lessen the effects of the crunch.
