India, July 3 -- Mostly, young consumers are the life and soul of the gaming industry, as they are the ones who have always shown a deep interest in the products developed for the gaming domain. Now, in a recent reveal, video Games spending by 18- to 24-year-old American users seems to be witnessing a drop of 25%, and this is based on a report shared by Wall Street Journal. The main point that needs consideration here is that only the 18-24-year-old Americans target segment has seen a massive 25% drop, while for other age groups the percentage drop is much smaller.

Video Games spending by young Americans has gone down in the recent times because of job market challenges, student loan payments, and credit card debt. Also, the rising price...