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Since the year began, it's been a worrying topic in business news and on the minds of Americans: recession. Yet it appears that the video game industry has been immune to the effects of an economic slowdown and growing lack of consumer confidence -- or has it? Could, in fact, the industry also be facing an economic downturn sometime later this year?
We asked Nick Williams of OTX, Jesse Divnich of The simExchange, and Ed Barton of Screen Digest:
Do you think the video game industry will be recession-proof this year?
Do you believe, or project, that game consumers will spend less, more, or about the same this year?
How do you think the various game consoles and handhelds will fare in the market throughout this year? Is any one of these platforms going to face sales challenges because of the slowing economy?
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Due to that I think the games industry is naturally recession proof as people try to escape from the reality around them.
And recession is world-wide. Don't suppose, that oversees companies will handle better. Big may more - as always.
I think, if recession stay for long, there will be less sequels and more games like Portal (small and inovative). And of course great bunk of casuals.