July 2014 NPD: PS4 was No. 1 once again

Gamers are still spending most of their money on new hardware.

In July, U.S. consumers spent $514.3 million on new gaming hardware, software, and accessories, according to industry-tracking firm The NPD Group. That’s up 16 percent over last year’s $443.1 million. The PlayStation 4 and Xbox One once again accounted for the bulk of that spending.