THIS ISSUE: Is the hi-fi buying binge over? How are economic slowdowns and rising costs impacting the industry? Conversations with dealers and manufacturers reveal sales shifts.
How healthy is the hi-fi market? One widely reported silver lining of the pandemic was increased sales of anything to do with home entertainment, including hi-fi. Recently, though, inflation has broken out and the stock market tanked. Higher prices all around—from shipping and logistics to necessary parts and raw materials—added pressure from all sides.
How are these factors impacting hi-fi sales? Is the hi-fi buying binge over? To find out, I spoke with several industry folks,