The magazine notes that the global sales of console hardware and software are expected to reach $50 billion this year. Regurgitating NPD data from October, the mag points out that sales in the US totaled $697 million, which is a 35% increase from the previous year (November wasn't too bad either). The question, of course, is whether the industry can keep it up if things get worse.
Update: We contacted NPD to find out the specific increase in November. The group let us know that software sales were $1.45 billion during the month, up 11% from the prior November.