“With the economy slowing and the return to in-person boom mostly exhausted, Pro AV growth seems to be settling into a moderate expansion phase.” Or not! The introductory sentence for the February index report does not seem quite so certain with the March data in hand.
This update saw the AV Sales Index (AVI-S) leap from 56.6 in February to 66.0 in March. An increase of 9.4 is rare, and a level as high as 66 is uncommon. It’s great news. But to keep it in perspective: Anytime a significant change happens without a clear explanation, you have to be skeptical of its informational value.
