Security Sales & Integration November 2022 - 39

Sponsored by
buy and sellers rushed to sell before rates increased
significantly. On top of all this, the
stock market fell into bear territory in 2Q
2022 and will be rocky for the near to midterm
future. That shakes confidence for even
upscale households.
Safety Sought Amid Rising Crime
Throughout it all, most security dealers have
adapted well. Driving sales for security systems
are
them have a retail location.
Figure 2 shows revenue reporting from
2012 to 2022. To a great extent, revenue follows
environmental and market conditions.
For example, 2013 and 2014 were robust recovery
years following difficult years that resulted
from the financial crisis of 2008. More
recently, dealers report high percentages of
stable revenues.
increased crime rates, new DIY
systems that cost less than traditional professionally
monitored security, and smart home
products with declining prices and benefits of
convenience, safety, and security.
Crime has risen 4% in 2022 thus far but
delving into stats shows a troubling story.
Robbery is up 12% and aggravated assault
3%. In viewing stats in the rear-view mirror,
since 2019, there has been a 50% rise in homicides
and a 36% rise in aggravated assaults.
Our news channels cover this all the time
along with detailing the continuing shortage
of police officers. Americans are anxious
about their safety, their security and their
budgets. It is also election time and polarization
remains rampantly divisive.
Carrying on through all of this is the security
industry. SSI and Parks Associates' survey
respondents must offer installation of systems.
They can also sell DIY systems. None of
securitysales.com
FIGURE 1
10%
8%
6%
4%
2%
0%
-2%
-4%
-6%
-8%
Jan 1987
Jan 1997
Jan 2007
Source: Federal Reserve of St. Louis, MassMutual WMIT Research, as of Sept. 26, 2022
NOVEMBER 2022 Security Sales & Integration 39
Jan 2017
Annualized Inflation Rate, Jan. 1987-June 2022
% INSTALLING SPECIFIED TYPE OF SYSTEM

http://www.securitysales.com

Security Sales & Integration November 2022

Table of Contents for the Digital Edition of Security Sales & Integration November 2022

Security Sales & Integration November 2022 - Bellyband 1
Security Sales & Integration November 2022 - Bellyband 2
Security Sales & Integration November 2022 - Cover1
Security Sales & Integration November 2022 - Cover2
Security Sales & Integration November 2022 - 1
Security Sales & Integration November 2022 - 2
Security Sales & Integration November 2022 - 3
Security Sales & Integration November 2022 - 4
Security Sales & Integration November 2022 - 5
Security Sales & Integration November 2022 - 6
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Security Sales & Integration November 2022 - 30
Security Sales & Integration November 2022 - 31
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Security Sales & Integration November 2022 - 34
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Security Sales & Integration November 2022 - Cover3
Security Sales & Integration November 2022 - Cover4
https://www.nxtbook.com/emerald/securitysales/august_2023
https://www.nxtbook.com/emerald/securitysales/july_2023
https://www.nxtbook.com/emerald/securitysales/june_2023
https://www.nxtbook.com/emerald/securitysales/may_2023
https://www.nxtbook.com/emerald/securitysales/april_2023
https://www.nxtbook.com/emerald/securitysales/march_2023
https://www.nxtbook.com/emerald/securitysales/february_2023
https://www.nxtbook.com/emerald/securitysales/january_2023
https://www.nxtbook.com/emerald/securitysales/december_2022
https://www.nxtbook.com/emerald/securitysales/november_2022
https://www.nxtbook.com/emerald/securitysales/october_2022
https://www.nxtbook.com/emerald/securitysales/september_2022
https://www.nxtbook.com/emerald/securitysales/august_2022
https://www.nxtbook.com/emerald/securitysales/july_2022
https://www.nxtbook.com/emerald/securitysales/june_2022
https://www.nxtbook.com/emerald/securitysales/may_2022
https://www.nxtbook.com/emerald/securitysales/april_2022
https://www.nxtbook.com/emerald/securitysales/march_2022
https://www.nxtbook.com/emerald/securitysales/february_2022
https://www.nxtbook.com/emerald/securitysales/january_2022
https://www.nxtbook.com/emerald/securitysales/december_2021
https://www.nxtbook.com/emerald/securitysales/november_2021
https://www.nxtbook.com/emerald/securitysales/october_2021
https://www.nxtbook.com/emerald/securitysales/september_2021
https://www.nxtbook.com/emerald/securitysales/august_2021
https://www.nxtbook.com/emerald/securitysales/july_2021
https://www.nxtbook.com/emerald/securitysales/june_2021
https://www.nxtbook.com/emerald/securitysales/may_2021
https://www.nxtbook.com/emerald/securitysales/apr_2021
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