The economic ripple effect of the COVID-19 coronavirus pandemic is starting to spread. And the next victim looks to be the housing industry’s seller’s market.
March home sales fell 8.5%, according to the National Association of Realtors. And the months ahead will likely be notably worse, according to the group’s chief economist.
Read more at Fortune.com
It’s hardly a secret that video games are a growing force in the entertainment industry, but they might be bigger than many people think.
A new study from Economists Incorporated reports that the video game industry added $4.95 billion to the U.S. Gross Domestic Product last year—and the entertainment side of the software world is growing considerably faster than other segments of the economy. (The Entertainment Software Association, the video game industry’s trade group commissioned the study.)
Read more at CNBC.com