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What's going on with the audio market?

Recent retail sales reports are very bad and I am hearing that sales for audio equipment have been nonexistent over the past few months.  I also see more dealers putting items up for sale here and on other outlets.  Even items that have traditionally sold quickly here are expiring without being sold. 

To what would you attribute the slowdown?  Have you changed your buying habits for audio equipment and, if so, why? 
theothergreg
geoffkait's avatar
geoffkait
23,365 posts
 
Jafant wrote,

"The gear that is made in china for openers."

Oh, you mean like iPhone and iPad?

dgarretson
2,599 posts
 

@jmcgrogan2

Not to quibble over a silly 1%, but if the second figure is the age when we got serious about buying, then

((61-35)+(55-27))/((61-35)+(55-27)+4)= 93%

dgarretson
2,599 posts
 

@whart

My wife and daughter have said that they’ll probably end up burying the equipment with me-- they have no idea how to turn it on and off and queue up an LP, let alone how to sell it off. At some point the question of unwinding surfaces. On the other hand, I have no idea or interest in how to MP3 to an ipod.

ejr1953
914 posts
 
My local dealer is in the process of expanding from two "brick and mortar" stores, to three.
Having said that, over the years they have de-emphasized music audio systems, increasing their emphasis in theater systems.
High-end audio systems is such a "niche market", bound to have ripples in the demand.
I'll never forget working at a dealer about 35 years ago, on the news a bump in the stock market, reduction in unemployment, reduction in interest rates and my boss bumped his orders up for products that moved well and we had the worst drought in sales for about three months...couldn't explain it.
charles1dad's avatar
charles1dad
10,250 posts
 
Very stagnant economy the past 10 years with a feeble recovery. Middle class income wages diminishing, true unemployment rate is high. Look at the Labor Dept statistics u6=the full picture, u3 of 5% is misleading and incomplete. Our economy needs a major boost and approach. Many people lack discretionary income. National debt has ballooned from 9 trillion to 19 trillion in only 8 years, not good.
Charles,
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