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.
“After a double-digit growth week to start February, the index has returned to mid-single digits, which was the pattern through the better part of January,” 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, seven respondents reported increases ranging from mid-single digits to above 33%. Six companies reported declines ranging from 1% to 12%.
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.