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Pro AV Industry Faces Disappointing Deceleration Amid Economic Weakness

2023-10-30 08:22:39.569000

The Pro AV industry is experiencing a disappointing deceleration, according to a report by AVIXA [a8e7f927]. The AV Sales Index (AVI-S) registered modest growth, with a score of 56.0 [a8e7f927]. Supply limitations, hiring issues, and weak demand were cited as challenges [a8e7f927]. The global Purchase Managers Index (PMI) also indicated economic weakness and regional unevenness [a8e7f927]. The AV Employment Index (AVI-E) measured slower hiring expansion, with a score of 54.2 [a8e7f927]. The report is based on a monthly survey of the AVIXA Insights Community [a8e7f927].

The Pro AV industry is facing challenges such as supply limitations, hiring issues, and weak demand [a8e7f927]. These factors have contributed to a disappointing deceleration in the industry [a8e7f927]. The AV Sales Index (AVI-S) reflects this trend, with modest growth recorded [a8e7f927]. The global Purchase Managers Index (PMI) also indicates economic weakness and regional unevenness [a8e7f927]. The AV Employment Index (AVI-E) shows slower hiring expansion [a8e7f927]. The report highlights the need for the industry to address these challenges and find strategies for growth [a8e7f927].

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