Pandemic Revenue Index Up 5%
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Feb. 8 to Feb. 12 increased 5%, returning to the normal growth trend of mid-single-digit improvement.
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Feb. 8 to Feb. 12 increased 5%, returning to the normal growth trend of mid-single-digit improvement.
But housing starts down compared to year-ago period and the previous month, according to the latest residential construction report from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
To make this a successful year, distributors looking to grow their businesses are likely to improve their chances if they grow their digital capabilities, said industry experts Diane Yarrow and David Saunders.
These are the latest indicators on revenue and pricing based on fourth-quarter 2020 results and distributor and manufacturer expectations for first-quarter and full-year 2021. Distributors are optimistic about future business performance.