Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Jan. 4 to Jan. 8 increased 18.4% — the third straight week of double-digit growth and a strong start to the new year.
“Last week, we saw an expected spike due to differences in how the holidays fell last year versus this year,” said Mike Emerson, IRCG partner. “But we again saw strong sales growth to start the year in our first non-holiday week.”
Out of the 14 reporting firms, 10 respondents reported increases including two reporting greater than 50%. Four companies reported declines ranging from 1% to 8%.
IRCG’s distributor Pandemic Revenue Index gives distributors a weekly quantified view into how other distributors in the industry are faring as the global COVID-19 pandemic progresses.