Apparently the economy’s doing all right and the game industry is poised for a big rebound, following this month’s launch of the Xbox One and PlayStation 4.

Some 40 percent of broadband-connected households plan to buy a new game console this holiday season during which they’ll spend more than $1,000 on gadgets, according to a forecast by the Parks Associates research firm.

Consoles are also the most-wished-for holiday gift among teens and in the top five for adults, according to the Consumer Electronics Association’s annual holiday forecast.

From the article, "Xbox One vs PS4 vs Wii U: Game console shopping tips" by Brier Dudley.

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