To participate in the latest survey, click here. https://avip.avixa.org/surveys/33292e56-83bc-427a-999a-b107381da4d8/start/a/bd012c0d-f6da-45f1-a751-2e1918678668
The initial reading for November confirms the slowdown in the AVI-S is broad-based, affecting North America and the rest of the world alike. For North America, current growth is now extremely close to the no-net change line at 50.5 (in the initial reading for November).1 This probably reflects some short-term weakness stemming from uncertainty due to the early November election in the U.S., especially given that it is a moving average. For the rest of the world, the initial reading is a much more robust 56.3, in line with what was observed in October but down relative to prior months. Next month, we expect the two regions to converge.
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Interesting survey, done.