Spending on physical games falls to lowest on record since 1995 — US console sales plunge 39% in July as memory costs push average price to $542
Summary
U.S. console hardware sales fell 39% by unit volume in July against a year earlier, while the average price paid for a new system rose 16% to $542.
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BREAKING: China's real estate investment plunged a record -19.2% YoY while fixed-asset investment worsened to -6.7% over the first 7 months of 2026, retail sales rose just +0.6% and industrial output grew +4.5% in July.
— Gokhshtein (@gokhshtein) August 22, 2026
Since 1965, there have been 6 fiscal years when federal spending fell relative to the preceding year:
— David Doney (@David_Charts2) August 21, 2026
🔵1965 - LBJ
🔵2010 - Obama
🔵2012 - Obama
🔵2013 - Obama
🔵2022 - Biden
🔵2023 - Biden
No Republican president in the last 60 years has cut spending vs. prior year. pic.twitter.com/BMOK5aLr4X
China's economy is struggling:
— The Kobeissi Letter (@KobeissiLetter) August 22, 2026
China’s industrial production rose +4.5% YoY in July, but posted its first monthly slowdown in 3 months.
At the same time, retail sales grew just +0.6% YoY, the 3rd-lowest reading in at least 18 months.
This comes as passenger vehicle purchases,… pic.twitter.com/aIxuWEXj1h
🚨𝗖𝗛𝗜𝗡𝗔'𝗦 𝗜𝗡𝗗𝗨𝗦𝗧𝗥𝗜𝗔𝗟 𝗢𝗨𝗧𝗣𝗨𝗧 𝗥𝗜𝗦𝗘𝗦 𝗕𝗨𝗧 𝗦𝗟𝗢𝗪𝗜𝗡𝗚 𝗙𝗢𝗥 𝟯𝗥𝗗 𝗠𝗢𝗡𝗧𝗛!
— Rahul K (@iamrahulinc) August 22, 2026
Industrial production climbed +4.5% YoY in July, marking the first monthly slowdown in three months.
Retail sales barely edged up +0.6% YoY, the third‑lowest pace in 18… pic.twitter.com/COAWDeFAJ0