Video game console spending in the US fell 27% in November, the worst November performance in 20 years. American consumers spent only $695 million during this period on hardware devices, including the Nintendo Switch 2 and Sony PlayStation 5. This is the lowest level since 2005 for this all-important holiday shopping month. Console manufacturers have had a turbulent year, with new tariffs and rising component costs driving prices to record highs, with the average console price rising 11% to $439.

Video game console spending in the US fell 27% in November, the worst November performance in 20 years. American consumers spent only $695 million during this period on hardware devices, including the Nintendo Switch 2 and Sony PlayStation 5. This is the lowest level since 2005 for this all-important holiday shopping month. Console manufacturers have had a turbulent year, with new tariffs and rising component costs driving prices to record highs, with the average console price rising 11% to $439.