By Tom Magrino (AP)
Earlier today, the US Commerce Department delivered the semi-shocking news that total retail sales for January rose 1 percent, defying a six-month decline in growth and marking the biggest overall retail gains in 14 months. Of course, that percentage climb paled in comparison to the US gaming industry. Reporting on US software, hardware, and accessory sales today, the NPD Group revealed that industry revenues stood at $1.33 billion for January, a 13 percent climb from a year prior.
Falling in line with analysts' expectations, US software sales amounted to $676.6 million in January, a 10 percent increase over last January's $614.7 million haul.
US VIDEO GAMES INDUSTRY - JANUARY 2009
Software: $676.6M (+10%)
Hardware: $445.4M (+17%)
Accessories: $209.8M (+11%)
Total Games: $1.33B (13%)
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