Yo-Yos On The Way Up

As unemployment and foreclosure numbers climb, toy sales are slumping. Video game sales dipped below one billion dollars last month for the first time since 2007. Hasbro, maker of Nerf and G.I. Joe action figures, saw profits fall by 47 percent in the first quarter of the year.

But one toy has seen more ups than downs of late: the yo-yo. Sales of Duncan yo-yos have increased by 23 percent since 2008.

For more on the resurgence of the yo-yo, we were joined by Pat Cuartero. He left a high-powered job with Merrill Lynch to become a professional yo-yo'er and is now president and CEO of YoYo Nation.

The Wall Street Journal: The Yo-Yo Has Had Ups and Downs, But It's Far From End of Its String

(Photo by John Huber via Flickr/Creative Commons)