Consumer spending on video game hardware, content and accessories hit a record high for the month of August, assuaging concerns that the pandemic boost in gaming would wane with economic re-openings.
Total spending rose 7% last month compared with a year ago to $4.4 billion, according to data from NPD Group released Tuesday. So far this year, spending has increased 13% to $37.9 billion compared with the same period a year earlier.