The September numbers from our global AV Insights Community have come in disappointingly low. On the revenue side, the AV Sales Index (AVI-S) registered 56.0, consistent with modest growth. It’s not the lowest level this year—June saw a rate of 55.9—but it is near the bottom for the year and is low compared to most non-recession periods. It’s not overly surprising to see the index at this level; as covered previously, 2023 is marked by global economic weakness. That said, the macroeconomy has avoided most recession fears, and news over the summer has been relatively positive. As a result, such a mediocre result for pro AV is a disappointment. Comments spread across a variety of challenges. Many are still held up by supply limitations. Hiring issues are common, too. Weak demand, likely stemming from the macroeconomy, was also repeatedly cited in some form or another. 

To view the full September, write up go to https://www.avixa.org/market-intelligence/pro-av-business-index

If you would like to participate in the monthly survey that contributes to the AV index go to https://www.avixa.org/market-intelligence/insights-community