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During a financial crisis as the one we are experiencing at the moment the Wired.com blog talks about increased movie consumption. People needs entertainment and some time off to cope with the hard realities. Find the article below this post or follow this link.

In parallel Carlsberg Stock analytics says that through time the overall beer sales also increases when experiencing financial crisis.

One could only imagine what would be next, so let’s cross our fingers for the election of Obama as President in November.

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Bad Economic News = Big Weekend at the Movies
All this dire economic news could be good for Hollywood. Box office grosses for the weekend are projected to range between $130 million and $140 million, up from $102 million last year, estimates Stifel Nicolaus analyst Drew Crum.

The reason? No doubt the release of “High School Musical 3: Senior Year” might have something to do with it. (We can’t wait.)

Another possible explanation: When the economy hits the skids, people watch more movies. In five of the last seven recessions since 1965, box office grosses increased, according to the National Association of Theater Owners (By Betsy Schiffman).