Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Feb. 1 to Feb. 5 increased 14.1% compared to the same week a year ago, continuing a normal growth trend.
“It’s been nearly five months since we’ve seen anything material on the negative side,” said Mike Emerson, IRCG partner. “As we near the one-year anniversary of the index, we’ll be publishing some of the trends we’ve seen for the past 12 months as we wind the index down.”
Out of the 13 reporting firms, 11 respondents reported increases ranging from mid-single digits to above 50%. Two companies reported declines.
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.