Remember that Jan. 2023 was a 5-week period. So, in terms of weekly averages, spending on hardware was down 19.4%.
EDIT: Wait, is the NPD Group not going by the NRF calendar anymore? The NRF has 2023 as one of their 53-week years, which in past years made January a 5-week sales period. The OP indicates that NPD only considered this January a 4-week period.
Last edited by Shadow1980 - on 13 February 2023Visit http://shadowofthevoid.wordpress.com
In accordance to the VGC forum rules, §8.5, I hereby exercise my right to demand to be left alone regarding the subject of the effects of the pandemic on video game sales (i.e., "COVID bump").