Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Jan. 11 to Jan. 15 increased 4.6%, reverting to normal growth after weeks in the double digits.
“After a spike to start the year, some of it calendar driven, the index has reverted to mid-single digits,” said Mike Emerson, IRCG partner.
Out of the 14 reporting firms, nine respondents reported increases ranging from 1% to 51%. Five companies reported declines ranging from 1% to 32%.
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.