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SlorgNet said:
TheBigFatJ said:

Also, there is no strong signs of a ression. The ISM index was low, which means that supplies used in service industries were purchased less than usual. This doesn't indicate a recession, this indicates the opinion that a recession may be looming. And if you look at the US media, the opinion is undeniable.


It's much more than the ISM. The housing bubble has imploded, Wall Street is taking a beating, banks are declaring hundreds of billions of losses, lots of people are losing their homes, etc. Job growth has been terrible, especially recently.

That said, the recession shouldn't affect the game market. Mass media always does well during downturns - people want escape.

Not sure why the Wii was so low - probably just a weekly blip. 


The US just recently lost jobs for the first time in four years, actually