12.19.2008 01:51 PM
Originally featured on BroadcastEngineering.com
Broadcast equipment manufacturers’ confidence falls
Confidence among executives in the broadcast technology supplier sector has declined markedly according to the IABM Industry Trends Survey. The survey, undertaken in conjunction with Ernst & Young, polled the views of some 80 senior executives in IABM member companies around the world.
Forty-three percent of respondents expect the situation to be deteriorating in a year from now. The view reflects the “late cyclical” nature of the sector, where large projects have momentum and so an adverse economic situation takes time to impact.
For more information, visit www.theiabm.org.