U.S. economy gets just a little help from the video gaming industry

Video games all got to start out with things like Pac Man and Space Invaders. It is clear that there has been a leap in technology. Video games have added $ 5 billion to the economy as shown in a study called "Video Games within the 21st Century: The 2010 Report," for Entertainment Software that was done by Economists Incorporated. There was a 10 percent growth between 2005 and 2009 for the video game industry. This was good for the economy considering seven times the growth of the economy was had in this time frame. Source for this article - Video game industry gives the U.S. economy a needed boost by Personal Money Store.
 

Video games make it so jobs can be created

Michael Gallagher, CEO of ESA, explained that job creation has grown at a "rapid pace.” It is also making "an essential contribution to our nation's economy while stimulating technological innovations and expanding the impact of games on our daily lives." The average salary of a video game industry worker is about $ 89,781. There are generally about 32,000 individuals working also. Directly or indirectly, the video game industry employs more than 120,000 people in the United States.

California does it all

California has had a lot of video game industry workers living there. In fact, it is the largest employer of them. Compensation was a big part of their spending budget in 2009. $ 2.6 billion was given to direct and indirect employees. The state got about $ 2.1 billion in just revenue.

Texas has 13,613 employees with Washington at 11,225. Between 2005 and 2009, Virginia increased their video game industry. There was a 77 percent increase.

Why entertainment is so valuable

A recession means budget cuts in families. Usually entertainment is a part of this. Video gaming is pricey with PCs costing a ton and consoles being anywhere from $ 200 to $ 500. You are looking at more for the games too. $ 20 to $ 60 is needed for each game. Whenever you buy a video game, you do not realize that 40 to 100 hours is spent on each one of the games. It may be better to do that than to buy movies, which are getting more expensive. Video games can really help struggling kids. It helps with development and hand-eye coordination. The video game industry has had a optimistic effect. The U.S. economy is feeling it.

More on this topic

Theesa

theesa.com/facts/pdfs/VideoGames21stCentury_2010.pdf

Washington State Lt. Gov. Brad Owen knows 'Pong'

youtube.com/watch?v=M-b9wEww9MA

Not in the appropriate thread.  I sense we have another intruder on board.  Ban!

Good catch. Non-chess and just flogging a site.

Should be in off topic i think?

Spammer. Should be moved to the ether and the user deleted.

please stop going to the ESA site and copying what they have on there about videogames and the economy.  I'm trying to do a paper on it for my english class and i keep finding that most of the articles written on video games and the economy have been stolen from the ESA website.  it doesn't make you seem smart to write an article that's already been written and stolen by several other people.  It just makes it harder for people like me who are actually trying to find information on the internet.  thank you.