Sales across the industry dropped by 25 percent. Few people are buying software and even fewer are investing in new hardware.
BioShock Infinite, Tomb Raider, Gears of War: Judgment, and God of War: Ascension top the software list.
Tomb Raider and BioShock perform well while Sony's and Microsoft's big boys fail to live up to the hype.
The NPD report for February.
More gamers are putting a brake on their spending habits.
The NPD Group releases its numbers for January.
North Americans spent $14.80 billion on video game content last year, but less than half this total was on new, physical releases.
The final NPD reveals the top 10 best-selling games of the year.
A slumping year at retail for video games ends with $3.21B spent at brick-and-mortar stores.
The industry slipped again with new console sales down and software slipping compared to last year's titles.
While The NPD Group says the total number of gamers in the U.S. may be shrinking, the number of mobile and digital gamers has increased in the last year due to the increasing popularity of smartphones and tablets.
The NPD Group just released its sales numbers for new physical retail and electronic distribution video game sales for the month of July 2012.