Statistics Tell the Real Story
It is funny that we focus on what is called a recession. Is there a real recession going on? Think about it for a second! If I look at the entertainment industry numbers I would not know that jobs are decreasing, livelihoods are being threatened and discretionary income is evaporating. Iron Man II has been in the movies less than a week and has grossed $133 million. Let’s put this in perspective, if we add the films that were in positions 2 – 10 the combined gross was less than $40 million. There was a lot of discretionary income spent this past week. I wonder how many are worried about the recession but still went to see Iron Man II.
It seems even in the midst of economic hardship the entertainment still does relatively well while other industries feel the effects of the hardship more severely.